EUR/USD slips to 1.1630 as Fed drama fades, France risk grows

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Jul 5, 2022Euro slumps to two-decade low as recession fears grow-3.1%
• Jun 14, 2024EUR/USD plummets to 1.0670 as Fed's hawkish policy keeps US Dollar firm-0.6%
• Apr 12, 2024Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg-0.6%
• Mar 4, 2019US dollar extends rising streak even as euro slips - The Business Times-1.2%
• Mar 20, 2025EUR/USD weakens as Fed sees no rush for interest rate cuts-0.9%

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.

• Jul 5, 2022Euro slumps to two-decade low as recession fears grow+1.5%
• Apr 29, 2026USD/CAD round-trips to 1.3690 as the post-FOMC spike fully fades-0.1%
• Jan 29, 2026GBP/USD slides below 1.3780 as Fed hold lifts the Dollar+0.6%
• Jun 14, 2024EUR/USD plummets to 1.0670 as Fed's hawkish policy keeps US Dollar firm+0.1%
• Apr 12, 2024Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg+1.1%