Canadian dollar notches a six-day high as Fed rate cut bets climb

Not enough comparable past events yet for a historical read.

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.

• Aug 19, 2024Sterling hits one-month high as Fed rate cut bets weigh on dollar | Reuters-0.8%
• Aug 30, 2021Canadian dollar notches two-week high as Fed taper fears ebb - The Globe and Mail-0.7%
• May 23, 2022Euro climbs as ECB eyes rate hikes, dollar slides | Reuters-0.9%
• Jul 29, 2026Dollar slips as Fed holds rates steady | Reuters-0.9%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters-1.4%