# ECB interest rate decision due today | Smart Currency Business

> Markets expected the ECB to keep rates on hold on April 26, with attention on Draghi's press conference. The euro had weakened against sterling and the dollar ahead of the decision, partly on rising US Treasury yields.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/65727-ecb-interest-rate-decision-due-today-smart-currency-business
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of a dovish ECB tone point to continued euro weakness, which tends to support dollar-priced commodity imports into Europe and make US feed ingredients relatively cheaper.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-09-12 | [ECB cuts interest rates further into negative territory and relaunches stimulus \| CNN Business](https://feedsoft.ai/events/57283-ecb-cuts-interest-rates-further-into-negative-territory-and-relaunches-stimulus.md) | +0.5% | -0.2% |
| EURUSD | 2021-11-17 | [FOREX-Rate bets rule currency markets as dollar shines; euro, Aussie sag \| Business](https://feedsoft.ai/events/11955-forex-rate-bets-rule-currency-markets-as-dollar-shines-euro-aussie-sag-business.md) | -0.6% | -0.6% |
| EURUSD | 2023-09-14 | [ECB raises interest rates by 0.25%](https://feedsoft.ai/events/34318-ecb-raises-interest-rates-by-0-25.md) | -0.2% | -1.7% |
| EURUSD | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | -0.0% | -1.8% |
| EURUSD | 2023-07-27 | [ECB rate decision July 2023: raises rates by 25 basis points](https://feedsoft.ai/events/35248-ecb-rate-decision-july-2023-raises-rates-by-25-basis-points.md) | -1.3% | -1.9% |

## Sources

- smartcurrencybusiness.com: https://www.smartcurrencybusiness.com/news/currency-note/ecb-interest-rate-decision-due/

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