# European markets buoyed by ECB inaction; all eyes on Draghi | AP News

> European markets gained as investors awaited ECB President Mario Draghi's remarks on policy. The rise in the euro's exchange rate is complicating the central bank's decisions.

- Date: 2017-09-07 · published 2017-09-07T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/69159-european-markets-buoyed-by-ecb-inaction-all-eyes-on-draghi-ap-news
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves tied to ECB policy expectations shift dollar valuations, which feeds into the relative price competitiveness of dollar-priced feed commodities in export markets.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-06-15 | [European markets live updates: ECB rate decision, Fed rate decision](https://feedsoft.ai/events/35701-european-markets-live-updates-ecb-rate-decision-fed-rate-decision.md) | +0.9% | +3.5% |
| EURUSD | 2024-06-12 | [European markets watch Fed decision, U.S. inflation data](https://feedsoft.ai/events/10800-european-markets-watch-fed-decision-u-s-inflation-data.md) | +0.1% | +1.3% |
| EURUSD | 2017-06-28 | [Euro touches one-year high as markets react to Draghi – The Irish Times](https://feedsoft.ai/events/70719-euro-touches-one-year-high-as-markets-react-to-draghi-the-irish-times.md) | +0.3% | +2.9% |
| EURUSD | 2018-09-24 | [Euro rises sharply as ECB's Draghi views tighter labor market](https://feedsoft.ai/events/63251-euro-rises-sharply-as-ecb-s-draghi-views-tighter-labor-market.md) | -1.0% | -2.3% |
| EURUSD | 2025-09-11 | [European markets on Thurs Sept.11: Stoxx 600, FTSE, DAX, ECB update](https://feedsoft.ai/events/23098-european-markets-on-thurs-sept-11-stoxx-600-ftse-dax-ecb-update.md) | +1.1% | -0.9% |

## Sources

- apnews.com: https://apnews.com/general-news-c721bd89ec4e4cf2b3da6cdcce65cf74

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