# Christine Lagarde: ECB press conference - introductory statement

> ECB President Lagarde's introductory statement said activity has rebounded strongly but remains well below pre-pandemic levels. The ECB reconfirmed its accommodative monetary stance, saying ample stimulus is needed to support recovery and price stability. Headline inflation is being held down by low energy prices and weak demand.

- Date: 2020-09-10 · published 2020-09-10T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/51333-christine-lagarde-ecb-press-conference-introductory-statement
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Continued ECB easing supports a weaker euro over time, which affects dollar-based feed trade flows and the relative competitiveness of euro-zone livestock and feed purchases.

## Read by commodity

- DXY: neutral
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-06-10 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/46806-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.5% | -2.8% |
| 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 | 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 | 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% |
| DXY | 2020-05-19 | [USD/JPY: Bulls in control again, correction recent pressures — Octa](https://feedsoft.ai/events/53375-usd-jpy-bulls-in-control-again-correction-recent-pressures-octa.md) | -1.1% | -2.6% |
| DXY | 2018-02-11 | [ECB concerned about U.S. political influence on exchange rates: Nowotny](https://feedsoft.ai/events/66703-ecb-concerned-about-u-s-political-influence-on-exchange-rates-nowotny.md) | -1.1% | -0.5% |
| DXY | 2025-05-28 | [Lagarde's euro 'battle cry' emphasizes EU cash need](https://feedsoft.ai/events/24902-lagarde-s-euro-battle-cry-emphasizes-eu-cash-need.md) | -0.1% | -1.0% |

## Sources

- bis.org: https://www.bis.org/review/r200910a.htm

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