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The ECB kept its key rate at 2% for the fifth consecutive meeting and said inflation should stabilise at its 2% target while warning of trade and geopolitical uncertainty. The euro was flat against the dollar at $1.179 after the decision.
A widely expected hold leaves the euro and dollar largely unchanged, so there is little direct price impact on feed commodities.
cnbc.comHolly EllyattFeb 5, 2026After 129 past neutral macro events, EURUSD moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
