# ECB holds rates, keeps December open as EUR/USD falls

> 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.

- Date: 2026-10-30 · published 2026-10-31T10:06:00.089Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/3022-ecb-holds-rates-keeps-december-open-as-eur-usd-falls
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-07-18 | [Euro falls after ECB holds rates, dollar climbs after data](https://feedsoft.ai/events/29485-euro-falls-after-ecb-holds-rates-dollar-climbs-after-data.md) | -0.7% | +0.8% |
| EURUSD | 2020-03-12 | [Euro falls after ECB holds fire, dollar jumps as spreads widen](https://feedsoft.ai/events/6271-euro-falls-after-ecb-holds-fire-dollar-jumps-as-spreads-widen.md) | -4.0% | -3.7% |
| EURUSD | 2025-01-30 | [VIEW ECB cuts rates again, keeps door open to further easing \| Reuters](https://feedsoft.ai/events/26726-view-ecb-cuts-rates-again-keeps-door-open-to-further-easing-reuters.md) | +0.0% | -0.0% |
| EURUSD | 2020-10-29 | [Euro falls to four-week low as ECB flags easing in December \| Financial Post](https://feedsoft.ai/events/50839-euro-falls-to-four-week-low-as-ecb-flags-easing-in-december-financial-post.md) | -0.2% | +1.7% |
| EURUSD | 2023-09-14 | [Euro Falls After ECB Hikes Interest Rates \| Morningstar](https://feedsoft.ai/events/34316-euro-falls-after-ecb-hikes-interest-rates-morningstar.md) | -0.2% | -1.7% |

## Sources

- forextraders.com: https://forextraders.com/forex-news/ecb-holds-rates-and-keeps-december-open-while-eur-usd-falls/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.