
The ECB held its main refinancing rate at 2.65% in October, unchanged from September, and kept the deposit facility rate at 2.50%. Headline eurozone inflation hit 3.8% in September, with energy up 18.9%, while core inflation was 2.5%.
Holding rates after earlier hikes signals a data-dependent stance, with energy-driven inflation weighing on growth. Feed buyers should watch the euro and European demand for feed and energy costs, though the direct price impact is limited.
After 1,108 past macro events, EURUSD moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% 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.