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The ECB kept interest rates and asset purchases unchanged while describing the eurozone recovery as increasingly solid. Draghi said the policy decision was not based on the French election outcome and kept his view on inflation unchanged.
Steady ECB policy keeps the euro under pressure against the dollar, a factor for the cost of US feed commodities in Europe.
euronews.comApr 27, 2017After 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.
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.
