Euro Outperforms Dollar and Pound After Inflation and GDP Surprises

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.

• Jul 13, 2022Euro back above parity, dollar dips after inflation surges | Reuters+1.7%
• Oct 25, 2018Euro rises versus dollar after ECB's Draghi predicts inflation pick up-0.5%
• Apr 30, 2024Euro-Dollar: Inflation, GDP Data Prompts Hawkish Rethink of ECB Rate Outlook+0.6%
• Mar 16, 2023Euro rises, dollar falls after ECB rate decision+2.4%
• Mar 31, 2023Dollar up vs. euro but remains on track for weekly loss after inflation data+0.3%

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.

• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls-0.2%
• Jul 13, 2022Euro back above parity, dollar dips after inflation surges | Reuters-0.8%
• Jan 1, 2026Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases+0.3%
• Oct 1, 2024Dollar weakens after inflation data, Yen surges on Ishiba win+0.9%
• Sep 27, 2024Dollar weakens after inflation data, Yen surges on Ishiba win+0.9%