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Already there is talk in the foreign exchange market of reasonable sellers of euros against the greenback in both the $1.3290-00 and $1.3320-40 areas. Euro demand was triggered by Draghi's assertion that as the ECB's decision to leave its benchmark rate unchanged was unanimous "it implies there was no request to have a rate cut". While that may underpin the euro temporarily, it may not last because it is hard to see how the single currency can hold its value for any period of time while very large numbers of working-age people in thezone periphery remain unemployed. Tuesday's Eurostat data showed a jobless rate for the euro zone of 11.8 percent in November, but within that, Spanish unemployment is some 25 percent. Of course,Germanydoes not need any ECB benchmark interest rate cut with its 2.1 percent inflation above the ECB's 2 percent euro zone target, but a jobless rate of 6.9 percent, only just above the lowest level seen in the post-reunification era. Perhaps that explains the ECB's emphasis on the continued use of non-standard measures, possibly seeing those as a better way to target specific areas of the euro zone. "We are not thinking about an exit now," from such non-standard measures, Draghi said. The ECB recognizes the jobless problem, with Draghi calling it a "a very important factor in our assessment of price stability", but that does not necessarily mean they have any solutions to it. "There is very little mobility in this unemployment", Draghi said, adding "monetary policy cannot do much about that. “I thank you Firozali A.Mulla DBA