# Introductory statement to the press conference (with Q&A)

> 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.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/46806-introductory-statement-to-the-press-conference-with-q-and-a
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-06-06 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/58807-introductory-statement-to-the-press-conference-with-q-and-a.md) | +0.6% | +0.3% |
| EURUSD | 2018-07-26 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/64238-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.1% | -0.7% |
| EURUSD | 2021-01-21 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/49377-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.2% | -0.4% |
| EURUSD | 2020-09-10 | [Christine Lagarde: ECB press conference - introductory statement](https://feedsoft.ai/events/51333-christine-lagarde-ecb-press-conference-introductory-statement.md) | +0.2% | -0.4% |
| EURUSD | 2017-04-28 | [ECB press conference - introductory statement \| Bank for International Settlements](https://feedsoft.ai/events/71693-ecb-press-conference-introductory-statement-bank-for-international-settlements.md) | +0.9% | +3.3% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2021/html/ecb.is210610~115f4c0246.en.html

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