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Reuters sources say ECB policymakers view the economic outlook as too unclear for a comprehensive policy decision in December. They agree the PEPP should end as scheduled in March, but a decision on recalibrating the APP may wait.
EUR/USD traded around 1.1320 with no reaction to the comments.
A delayed ECB policy decision leaves euro direction unresolved, so currency-driven shifts in dollar commodity prices remain uncertain for feed buyers.
teletrade.orgDec 1, 2021After 129 past neutral macro events, Euro (USD per EUR) 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.
