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The ECB kept key interest rates unchanged and said they will stay at present levels at least through summer 2019. Net asset purchases under the APP end in December 2018, with reinvestment of maturing principal continuing for an extended period.
Policy signals on rates and liquidity shape currency and financing conditions, indirectly influencing euro-area demand for imported feed ingredients and the dollar's strength against commodity prices.
ecb.europa.euEuropean Central BankDec 13, 2018After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.
