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ECB President Christine Lagarde and Vice-President Luis de Guindos opened the June 10 press conference by describing a euro area economy reopening as vaccinations progress. They said inflation has risen on base effects and energy prices, and is expected to ease later as temporary factors fade.
Euro-area monetary signals influence the euro and broader dollar moves that shape the cost of imported feed inputs and the competitiveness of EU grain and oilseed exports.
ecb.europa.euEuropean Central BankJun 10, 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.
