ECB’s Coeure said the European Central Bank is ready to make asset purchases to counter low inflation

If you’re just turning your monitor on after the weekend, EUR/USD is lower after comments from Draghi earlier (here and here).

Comments, too, from ECB Executive Board member Benoit Coeure on Sunday:

• European Central Bank is ready to make asset purchases if it deems them necessary to counter a too prolonged period of low inflation in the euro zone
• “Asset purchases are an instrument that we are ready to use if we deem necessary”

Coeure speaking at a conference organized by the International Monetary Fund