# European markets live updates: ECB rate decision, Fed rate decision

> European stock markets closed slightly lower on June 15 after the ECB raised its benchmark rate by 25 basis points. The euro rose about 0.4% against the dollar after the decision, following a Fed hold the previous day.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/35701-european-markets-live-updates-ecb-rate-decision-fed-rate-decision
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The move reflects a rate-driven currency shift rather than a direct change in feed supply or demand. Its relevance to feed prices is limited to currency effects on import costs.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-06-12 | [European markets watch Fed decision, U.S. inflation data](https://feedsoft.ai/events/10800-european-markets-watch-fed-decision-u-s-inflation-data.md) | +0.1% | +1.3% |
| EURUSD | 2025-09-11 | [European markets on Thurs Sept.11: Stoxx 600, FTSE, DAX, ECB update](https://feedsoft.ai/events/23098-european-markets-on-thurs-sept-11-stoxx-600-ftse-dax-ecb-update.md) | +1.1% | -0.9% |
| EURUSD | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | +2.4% | +4.3% |
| EURUSD | 2017-09-07 | [European markets buoyed by ECB inaction; all eyes on Draghi \| AP News](https://feedsoft.ai/events/69159-european-markets-buoyed-by-ecb-inaction-all-eyes-on-draghi-ap-news.md) | -0.4% | -1.5% |
| EURUSD | 2026-05-29 | [Dollar Faces Bigger Hit Than Euro If Fed, ECB Resume Rate Cuts -- Market Talk](https://feedsoft.ai/events/19476-dollar-faces-bigger-hit-than-euro-if-fed-ecb-resume-rate-cuts-market-talk.md) | -0.2% | -2.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2023/06/15/european-markets-live-updates-ecb-rate-decision-fed-rate-decision.html

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