Breakingviews - Europe can take advantage of King Dollar’s wobble

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.

• Jan 30, 2026Europe wonders whether it can afford to take on the US dollar – POLITICO+0.9%
• Apr 22, 2020Why the U.S. dollar's record-breaking surge will reverse by the end of this year - Financial Post-0.4%
• Dec 2, 2016Dollar tanks as U.S. jobs cast doubt on pace of future hikes | Reuters-0.5%
• Jan 26, 2018Top European officials are slamming Mnuchin's comments on a weaker dollar-0.0%
• May 11, 2021Commodity currencies hold advantage as dollar waits for inflation and Fed | Reuters+0.3%

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.

• Jan 30, 2026Europe wonders whether it can afford to take on the US dollar – POLITICO-1.2%
• Feb 1, 2026COMMENTARY: Europe’s euro worry a mirror of US dollar dilemma?-0.6%
• Jan 26, 2018Top European officials are slamming Mnuchin's comments on a weaker dollar-0.0%
• Nov 23, 2021Dollar gains, euro recovers on better than expected data | Reuters+0.2%
• May 23, 2022Euro climbs as ECB eyes rate hikes, dollar slides | Reuters+1.4%