More from ECB's Smets: strong euro is a "point of attention" for ECB

I posted earlier remarks from Smets here:

• ECB's Smets: Euro strength and volatility are not yet a concern

This now via Reuters:

• "Foreign exchange rates are a point of attention. The volatility on the foreign exchange markets remains a point of attention"
• said that as long as the stronger currency was supported by economic fundamentals, it did not pose a problem. "Only if, as we said last time after our monetary policy meeting in Frankfurt, this volatility becomes excessive, when certain levels are breached because of overshooting, because of a devaluation policy to increase competitiveness, can problems occur," he added.
• "A priori the (inflation) target is not aided by the appreciation of the euro," Smets said.