# ECB says eurozone recovery 'increasingly solid' | Euronews

> 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.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/71692-ecb-says-eurozone-recovery-increasingly-solid-euronews
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Steady ECB policy keeps the euro under pressure against the dollar, a factor for the cost of US feed commodities in Europe.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-04-27 | [Eurozone recovery gathering pace, says Draghi - BBC News](https://feedsoft.ai/events/71690-eurozone-recovery-gathering-pace-says-draghi-bbc-news.md) | +0.4% | +2.8% |
| EURUSD | 2023-07-31 | [Eurozone Economy Improves, EUR/USD Rises Slightly](https://feedsoft.ai/events/35254-eurozone-economy-improves-eur-usd-rises-slightly.md) | -0.0% | -2.3% |
| EURUSD | 2025-10-31 | [Eurozone inflation slows to 2.1%, yet Lagarde stays cautious \| Euronews](https://feedsoft.ai/events/22628-eurozone-inflation-slows-to-2-1-yet-lagarde-stays-cautious-euronews.md) | -0.2% | +0.5% |
| EURUSD | 2020-09-08 | [ECB will struggle to rein in the euro, say investors](https://feedsoft.ai/events/51334-ecb-will-struggle-to-rein-in-the-euro-say-investors.md) | +0.5% | -0.3% |
| EURUSD | 2026-03-01 | [ECB Will Assess Impact of Euro Strength in March, Cipollone Says](https://feedsoft.ai/events/20809-ecb-will-assess-impact-of-euro-strength-in-march-cipollone-says.md) | -1.8% | -2.6% |

## Sources

- euronews.com: https://www.euronews.com/business/2017/04/27/ecb-says-eurozone-recovery-increasingly-solid

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