Euro hits almost seven-week high, dollar broadly lower

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

• Nov 2, 2016Sterling hits 2-week high against broadly weaker dollar-0.6%
• Feb 28, 2020Virus panic sends yen to seven-week high against dollar-0.5%
• Nov 29, 2024Yen hits six-week high, dollar dips for month-end-0.3%
• Sep 2, 2021Dollar lower after initial claims, euro at one-month high+0.2%
• Dec 27, 2023Dollar hits 5-mth low against euro as Fed seen closer to rate cuts+0.7%

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

• Sep 2, 2021Dollar lower after initial claims, euro at one-month high-0.2%
• Jan 30, 2023Dollar seesaws ahead of busy central bank week, euro higher after Spain CPI-0.3%
• Apr 19, 2021Goldman Sachs backs the euro as the dollar hits two-month lows+0.7%
• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters+0.2%
• Jul 1, 2025Dollar lowest since 2021 against euro, gains on yen-0.5%