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The ECB published the account of its 12-13 September 2018 policy meeting. It describes volatility in emerging-market currencies such as Argentina, Turkey, Brazil and South Africa, and a reduction in speculative net long euro positions.
The account shows ECB policy and currency positioning, which can influence the euro and the dollar. The direct effect on feed commodity prices is limited.
ecb.europa.euEuropean Central BankOct 11, 2018After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% 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.
