◂ Event Timeline

Sep 12, 2018MACROGlobal

Credit Suisse on what to expect from the ECB and BOE

Credit Suisse previews ECB and BoE meetings, expecting no change in benchmark rates. It flags a possible ECB taper from October to December and sees risks of euro weakness to 1.13-1.15 if Draghi signals later hikes.

WHY IT MATTERS

Expected central bank signals could move the euro and pound, which shifts dollar-based commodity prices modestly. The impact on feed markets is secondary.

AFFECTSEuro (USD per EUR)◆

SOURCE
forexlive.comSep 12, 2018

Price reaction & history

Euro (USD per EUR)◆neutralSO FAR1d +0.3%5d +0.9%20d -0.4%

After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.

Dec 10, 2024Euro-dollar has hit the floor, but don't expect a bounce | Oxford Economics-0.5%
Apr 19, 2024Will worries about the euro stop the ECB from cutting? | Capital Economics+0.6%
Jun 5, 2020ECB coronavirus stimulus expected to continue as inflation remains low+0.5%
Jul 24, 2025TEXT-Statement from the ECB following policy meeting | MarketScreener-2.4%
May 15, 2024Watch: Why a rate-cutting ECB won’t be too worried about the euro | ING THINK+0.3%

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.

Euro (USD per EUR) EURUSD · GP ▸

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