Brent moves lower as US Fed maintains interest rates

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Aug 26, 2024Interest rates: US dollar sinks as traders position for rate cuts by the Federal Reserve-0.2%
• Jul 31, 2019Stocks sink after Fed dents hopes for multiple interest-rate cuts - Los Angeles Times-7.6%
• Sep 30, 2021Ringgit opens lower against US dollar | Malay Mail+3.8%
• Aug 23, 2024Oil climbs over 2% after Fed's Powell indicates US rate cuts | Reuters+3.5%
• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-3.0%

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.

• Aug 1, 2018Gold pinned lower after Fed announces unchanged interest rates+0.2%
• Jun 13, 2018Gold erases gains after Fed hikes interest rates+1.3%
• Jun 19, 2025On the macro front, the US Fed maintained interest rates unchanged as - Shanghai Metals Market (SMM)-0.9%
• Mar 20, 2025EUR/USD weakens as Fed sees no rush for interest rate cuts+0.3%
• Apr 30, 2019Market alert: Will the Fed cut interest rates? | XTB-0.1%