Tag Archives: Joachim Nagel

In an interview on Wednesday, European Central Bank policymaker and Bundesbank Chief Joachim Nagel said that price pressures in the Eurozone could continue for some time, per Reuters.“It’s not completely clear if the inflation rate will reach 2% target next year and stay at this level,” Nagel added and noted …

European Central Bank policymaker Joachim Nagel noted on Tuesday that inflation in the Eurozone has fallen significantly but added that it was still too high, per Reuters.The EUR/USD pair stays under bearish pressure despite these hawkish comments and was last seen losing 0.45% on the day at 1.0565.Key Quotes“We must …

The EUR/USD pair recovers on Monday despite Monday’s higher Treasury bond yields. It had fallen over the previous two days. The risk-on impulse of Monday supported the Euro at the expense of the US Dollar.The EUR/USD pair hit a daily low of 1.0744 during a quiet trading day in the …

It is predicted that the EUR/USD will end the week with respectable gains of 0.89%. The US economy slowed down overall on Friday, according to mixed economic data. The goal of ECB officials is still to lower the Eurozone’s high inflation rates.Key DevelopmentsJoachim Nagel, the president of the Bundesbank, said …