FXStreet (Guatemala) - Analysts at Westpac noted that while pleased by the activity outcomes, the ECB’s focus remains on current and expected inflation; both are very weak. Key Quotes: "In the flash estimate for September, annual headline inflation declined to –0.1%yr, from +0.1%yr in August. Highlighting the ongoing impact of oil price weakness, ex-energy prices are up 1.0%yr. That outcome is still well below the ECB’s 2.0% target, and expectations are also well below long-run average levels, so there is a strong justification to continue with alternative easing measures through to September 2016 as scheduled – and likely well beyond that time. The availability of credit and interest rates have both responded as planned to the ECB’s actions; less so the Euro. A weaker currency would aid the region’s exporters and bolster inflation. But its worth depends on the strength of the global economy, which clearly remains troublesome." For more information, read our latest forex news.