# Account of the monetary policy meeting

> 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.

- Date: 2018-10-11 · published 2018-10-11T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/62757-account-of-the-monetary-policy-meeting
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-08-23 | [Account of the monetary policy meeting](https://feedsoft.ai/events/63734-account-of-the-monetary-policy-meeting.md) | +0.9% | +1.3% |
| EURUSD | 2019-02-21 | [Account of the monetary policy meeting](https://feedsoft.ai/events/60821-account-of-the-monetary-policy-meeting.md) | +0.4% | +0.2% |
| EURUSD | 2019-04-04 | [Account of the monetary policy meeting](https://feedsoft.ai/events/59795-account-of-the-monetary-policy-meeting.md) | +0.2% | +0.0% |
| 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% |
| EURUSD | 2018-07-12 | [Account of the monetary policy meeting](https://feedsoft.ai/events/64245-account-of-the-monetary-policy-meeting.md) | -0.7% | -1.1% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/accounts/2018/html/ecb.mg181011.en.html

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