Dollar stumbles to over two-month low as markets eye Fed cuts

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jun 8, 2016Wheat prices add over two percent as dollar plumbs one-month low+1.0%
• Dec 27, 2023Dollar hits 5-mth low against euro as Fed seen closer to rate cuts+0.7%
• May 27, 2022South African rand firms as dollar sinks to a month low - Markets - Business Recorder-0.5%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes-0.6%
• May 23, 2022Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider-0.9%

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.

• Jan 28, 2026Yuan hits fresh 32-month high as dollar tumbles, PBOC boosts guidance | MarketScreener-0.2%
• Mar 2, 2020Dollar takes a back seat as markets bet on Fed rate cuts - The HinduBusinessLine-0.9%
• Jan 22, 2024Exclusive: China moves to support yuan as stock markets tumble | Reuters-0.2%
• Jun 30, 2026China yuan firms as exporter dollar sales lend support - Markets - Business Recorder-0.0%
• Dec 4, 2018Chinese Yuan Spikes to 3-Month High As Trade Tensions Ease - Markets Insider+0.2%