The Euro finally gets cheaper energy, and that is the problem

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.

• Mar 6, 2024Euro is back on the scene for global central banks+0.5%
• Jan 30, 2026All about the euro: Five questions for the ECB | MarketScreener-1.2%
• May 29, 2020What’s driving the Euro's sharp rally?+2.3%
• Mar 2, 2020Why EURUSD is Rallying and What Could Cause it to Stop+2.9%
• Jul 1, 2017The pound and the euro jump as Carney and Draghi appear hawkish-0.1%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jul 30, 2024Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand-3.7%
• Jun 5, 2019The Fed is ready to cut rates as needed - Mansfield Energy-0.4%
• Mar 27, 2020Oil price crash: a glimpse into the future for global energy markets? Q&A with Pierre Noel+37.1%
• Oct 1, 2020OIL FUTURES: Crude hits five-month lows as European lockdowns loom – The Energy Bulletin Daily-0.6%
• May 6, 2017Crude prices fall amid high inventories and concerns over China | The National+3.5%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Jul 30, 2024Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand-4.3%
• Mar 27, 2020Oil price crash: a glimpse into the future for global energy markets? Q&A with Pierre Noel-1.2%
• Oct 1, 2020OIL FUTURES: Crude hits five-month lows as European lockdowns loom – The Energy Bulletin Daily+1.7%
• May 6, 2017Crude prices fall amid high inventories and concerns over China | The National+3.5%
• Jul 28, 2020Is peak oil finally here? OPEC prepares for age of falling demand | Business and Economy | Al Jazeera+1.3%