Euro slides to 20-year low against the dollar as recession fears build

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Jul 5, 2022Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times-3.1%
• Jul 5, 2022Euro slumps to two-decade low as recession fears grow-3.1%
• Dec 15, 2016Euro tumbles to near 14-year low against US dollar-2.2%
• Mar 15, 2023Euro Slumps against Pound and Dollar as European Banking Fears Rise+0.4%
• Dec 9, 2016Euro, yen fall as dollar momentum builds again-2.4%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jul 5, 2022Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times+1.5%
• Jul 5, 2022Euro slumps to two-decade low as recession fears grow+1.5%
• Dec 15, 2016Euro tumbles to near 14-year low against US dollar+1.6%
• Mar 15, 2023Euro Slumps against Pound and Dollar as European Banking Fears Rise-0.1%
• Sep 1, 2022Pound Slumps to Fresh Two-year Lows against Dollar+0.8%

After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.

• Jun 30, 2022Euro to Hit Parity against Dollar by August says Nomura-8.1%
• Jul 5, 2022European stock markets tumble on rising fears of recession | Stock markets | The Guardian+15.3%
• Sep 30, 2021U.S. natgas futures jump to 7-year high on Europe supply fears | Reuters+4.2%
• Aug 28, 2026British Pound: Energy-driven inflation risks support GBP against US Dollar – MUFG+0.3%
• Sep 2, 2022Fertilizer Costs Are Surging Again Just as US Farmers Look to Buy - Bloomberg-12.5%