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The European Central Bank today announced that it will start publishing foreign exchange (FX) intervention data on a quarterly basis starting in April of 2020.

“The  exchange rate is not a policy target for the ECB; ECB  so far intervened in the foreign exchange market in 2000 and 2011,” the ECB noted in its statement, as reported by Reuters.

There was little to no market reaction to the ECB’s announcement. As of writing, the EUR/USD pair was trading at 1.0938, adding 0.15% on a daily basis.