# Meeting of 29-30 April 2020

> The ECB published the account of its 29-30 April 2020 monetary policy meeting. It described financial markets as still fragile, with euro area sovereign bond spreads widening and bid-ask spreads elevated. It said the PEPP had become an important anchor of stability for euro bond markets.

- Date: 2020-05-22 · published 2020-05-22T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53351-meeting-of-29-30-april-2020
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Euro liquidity and bond stability influence the euro's exchange rate against the dollar, which in turn affects dollar-priced grain and oilseed values. The account signals continued accommodative policy, which limits euro upside.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-06-25 | [Meeting of 3-4 June 2020](https://feedsoft.ai/events/52842-meeting-of-3-4-june-2020.md) | -0.1% | +3.1% |
| EURUSD | 2020-08-20 | [Meeting of 15-16 July 2020](https://feedsoft.ai/events/51824-meeting-of-15-16-july-2020.md) | -0.7% | -0.6% |
| EURUSD | 2021-04-08 | [Meeting of 10-11 March 2021](https://feedsoft.ai/events/47822-meeting-of-10-11-march-2021.md) | +0.7% | +1.0% |
| EURUSD | 2022-10-06 | [Meeting of 7-8 September 2022](https://feedsoft.ai/events/39363-meeting-of-7-8-september-2022.md) | -0.9% | -1.1% |
| EURUSD | 2019-08-22 | [Account of the monetary policy meeting](https://feedsoft.ai/events/57801-account-of-the-monetary-policy-meeting.md) | -0.1% | -0.5% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/accounts/2020/html/ecb.mg200522~f0355619ae.en.html

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