Dollar edges higher against major peers as investors eye Fed rate cut

After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.

• Aug 29, 2022Dollar eases off of 20-year high as euro boosted by rates view | Reuters+0.3%
• Oct 26, 2022ECB raises interest rates again, cuts bank subsidies | Reuters-0.9%
• Aug 29, 2024Dollar eases after hitting highest in two weeks, US job data looms | Reuters-0.3%
• Feb 4, 2026ECB keeps rates unchanged, signal comfort with dollar weakness | Reuters+0.7%
• Apr 14, 2025'Attentive' ECB can lean against euro rise | Reuters+0.6%

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.

• Jun 23, 2023Stocks fall, dollar up as investors weigh more rate hikes | Reuters+0.6%
• Nov 3, 2025Dollar edges up as rate cut outlook remains clouded | Reuters+0.0%
• Jan 17, 2022Dollar edges up as traders assess Fed rate hike bets | Reuters+0.7%
• Jul 30, 2025Dollar gains against peers after Fed leaves rates unchanged-0.0%
• Jan 29, 2025US dollar firms against peers after Fed holds rates steady-0.1%