US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears

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.

• Nov 14, 2016EUR USD breaks down to new 2016 low as dollar extends strength+1.4%
• Jun 1, 2026Investors expect US dollar to break higher as Fed battles inflation+1.0%
• Nov 30, 2016USD JPY breaks out to new highs as dollar surges and safe havens suffer-0.6%
• May 27, 2026Analysis-Investors expect US dollar to break higher as Fed battles inflation-0.1%
• Apr 26, 2018South African Rand on Course for Four-year Highs Once US Dollar and Bond Yields Settle Down+0.7%

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.

• Nov 14, 2016EUR USD breaks down to new 2016 low as dollar extends strength-2.6%
• Jul 5, 2022Euro slides to 20-year low against the dollar as recession fears build-3.1%
• Jun 21, 2016EUR/USD down on Draghi, Brexit and no help from Yellen-2.6%
• Apr 27, 2022Dollar hits five-year high, growth concerns dent euro-1.2%
• Nov 13, 2024Dollar hits one-year high on Trump trades-0.2%

Not enough comparable past events yet for a historical read.