Euro gains after ECB rate cut as Lagarde pushes back on October ease

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.

• May 24, 2022Euro extends gains after Lagarde's bullish remarks+0.6%
• May 19, 2019Euro Climbs Higher as ECB pushes back Interest Rate deadline; - BBC Money+0.3%
• May 23, 2022Stocks rally as euro gains on likely rate hikes+1.4%
• Dec 14, 2023Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts – ThePrint – ReutersFeed+1.5%
• Dec 14, 2023Euro-Dollar Closing On 1.10 As ECB Resists Rate Cut Bets+1.5%

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.

• May 24, 2022Euro extends gains after Lagarde's bullish remarks-0.5%
• May 19, 2019Euro Climbs Higher as ECB pushes back Interest Rate deadline; - BBC Money-0.3%
• May 23, 2022Stocks rally as euro gains on likely rate hikes-0.9%
• Dec 14, 2023Pound hits $1.27 as Bank of England pushes back against rate cut predictions – business live | Business | The Guardian-1.3%
• Dec 14, 2023Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts – ThePrint – ReutersFeed-1.3%