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The ECB left its policy stance unchanged on 27 April 2017 as inflation undershot target, while Draghi described the euro zone economy as on its best run since the financial crisis. The bank kept its bias toward further easing, contrary to German calls for reduced stimulus.
A continued easing bias keeps the euro comparatively weak, which supports euro-zone demand for dollar-priced feed imports and affects European feed costs.
irishtimes.comThuApr 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.
