In an exclusive interview with Reuters on Friday, European Central Bank (ECB) Governing Council member Pierre Wunsch noted that the incoming data since the introduction of the new stimulus package in September were not positive and added that the ECB remains far from its targets. “We are still quite far. Be it the reversal rate or financial stability, those are real concerns, but my take is that on both of them, we are quite far from binding trade-offs,” Wunsch told Reuters. “Right now, we are far from our objective. We are not ‘close to but below 2%’.” The EUR/USD pair eased slightly from session tops on these comments and was last seen trading at 1.1120, adding 0.15% on a daily basis. Below are some additional comments. “Eurozone slowdown not just a soft patch; would not have stopped QE if ECB could have forecast weakness.” “September ECB package means Lagarde does not have to make decisions in first meetings.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Johannesburg cyber attackers demand ransom in Bitcoin FX Street 3 years In an exclusive interview with Reuters on Friday, European Central Bank (ECB) Governing Council member Pierre Wunsch noted that the incoming data since the introduction of the new stimulus package in September were not positive and added that the ECB remains far from its targets. "We are still quite far. Be it the reversal rate or financial stability, those are real concerns, but my take is that on both of them, we are quite far from binding trade-offs," Wunsch told Reuters. "Right now, we are far from our objective. We are not 'close to but below 2%'." The EUR/USD pair… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
