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The ECB kept its deposit rate at 2.50%, the main refinancing rate at 2.65% and the marginal lending rate at 2.90%. EUR/USD had already slid before the decision and hit its weakest level since May 2025 shortly after.
The decision was unchanged and the pair's decline began before the release, so the move reflects broader currency flows rather than a policy surprise that would reprice feed commodities.
forextraders.comOct 30, 2026After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.
