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

> The ECB kept its key interest rates unchanged and said it expects them to stay at current levels at least through summer 2019. Draghi said incoming data have been weaker than expected, citing softer external demand and risks from geopolitics and protectionism. The ECB will keep reinvesting maturing asset purchase principal.

- Date: 2019-01-24 · published 2019-01-24T12:00:00.000Z
- Category: macro · region Eurozone · magnitude medium
- Page: https://feedsoft.ai/events/61303-introductory-statement-to-the-press-conference-with-q-and-a
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A dovish ECB outlook weighs on the euro against the dollar, which can lift dollar-denominated commodity prices and affect euro-area feed demand. The impact on feed prices is moderate.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-03-09 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/72197-introductory-statement-to-the-press-conference-with-q-and-a.md) | +0.8% | +1.1% |
| EURUSD | 2018-12-13 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/61765-introductory-statement-to-the-press-conference-with-q-and-a.md) | +0.5% | +0.3% |
| EURUSD | 2017-01-19 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/73195-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.1% | -0.2% |
| EURUSD | 2020-12-11 | [Christine Lagarde: ECB press conference - introductory statement](https://feedsoft.ai/events/49858-christine-lagarde-ecb-press-conference-introductory-statement.md) | +1.2% | +0.4% |
| EURUSD | 2019-09-12 | [ECB press conference - introductory statement \| Bank for International Settlements](https://feedsoft.ai/events/57277-ecb-press-conference-introductory-statement-bank-for-international-settlements.md) | +0.5% | -0.2% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2019/html/ecb.is190124~cd3821f8f5.en.html

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