EUR USD: Dollar Anxiety Has Boosted Euro, But Policymakers Face More Challenges

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.

• Aug 28, 2020Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg+0.1%
• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.4%
• Aug 30, 2020Euro-Dollar Week Ahead: Once More Unto the Breach as USD Sentiment Dominates-0.7%
• Mar 23, 2020EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook+3.5%
• Nov 26, 2020Euro rises to near 3-month high as US dollar falls - The Business Times+2.0%

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

• Aug 28, 2020Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg-0.5%
• Dec 15, 2022Dollar falters as investors challenge Fed’s hawkishnes - Markets - Business Recorder+0.4%
• Dec 28, 2018King dollar's reign faces challenges in 2019-0.9%
• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.1%
• Aug 30, 2020Euro-Dollar Week Ahead: Once More Unto the Breach as USD Sentiment Dominates+0.1%