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ECB head Mario Draghi said the eurozone recovery is increasingly solid with fewer risks, but inflation remains too low for rate increases. The bank held its main rate at zero and kept bond purchases at 60 billion euros a month.
A policy outlook that keeps monetary stimulus in place tends to weigh on the euro and supports European demand for imported feed ingredients priced in dollars.
bbc.co.ukApr 27, 2017After 129 past neutral macro events, EURUSD moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% 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.
