Euro drops as glum PMI readings stoke bets on more ECB easing

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Mar 4, 2019US dollar extends rising streak even as euro slips - The Business Times-1.2%
• Aug 29, 2021ECB out-doving the Fed boosts euro's allure as funder of carry trades - The Business Times+0.8%
• Oct 28, 2021Euro drops ahead of ECB meeting, yen looks past BOJ doves - Markets - Business Recorder-0.1%
• Jun 11, 2024Euro drops to a one-month low; US dollar firms ahead of key inflation test - The Business Times-0.3%
• Aug 31, 2023Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder-2.0%

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.

• Mar 4, 2019US dollar extends rising streak even as euro slips - The Business Times+0.7%
• Jun 11, 2024Euro drops to a one-month low; US dollar firms ahead of key inflation test - The Business Times+0.3%
• Jul 28, 2019C$ steadies, after hitting 1-month low on better-than-expected US data - The Business Times+0.6%
• Aug 31, 2023Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder+1.8%
• Feb 27, 2018South Korea: Stocks wobble, won slides on Fed rate hike worries - The Business Times+0.1%