Euro Surges on Draghi, While Yuan Rises on Suspected PBOC Action - Marc to Market Marc Chandler on Global FX and Capital Markets

After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Jun 28, 2017Euro touches one-year high as markets react to Draghi – The Irish Times+0.3%
• Sep 7, 2017European markets buoyed by ECB inaction; all eyes on Draghi | AP News-0.4%
• Sep 24, 2018Euro rises sharply as ECB's Draghi views tighter labor market-1.0%
• Feb 11, 2026Euro and yuan global ambitions hasten the dollar drop | Reuters-0.7%
• May 23, 2017Economic prospects to maintain support for the euro | Capital Economics-0.5%

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

• Nov 3, 2019Charts Suggest Scope for One More Push Lower for the Dollar before a Correction - Marc to Market Marc Chandler on Global FX and Capital Markets-0.6%
• Feb 6, 2024China’s yuan rises on firmer-than-expected fix, stock market support - Markets - Business Recorder-0.1%
• Nov 13, 2024PBOC pulls China’s yuan off 3-month low with stronger-than-expected fix - Markets - Business Recorder+0.1%
• Nov 25, 2025Yuan Rallies to One-Year High on Trade Optimism and Fed Cut Bets - Caixin Global-0.5%
• Jan 21, 2021Yuan rises to 1-week high on weaker dollar, tighter cash conditions - Markets - Business Recorder+0.1%