Euro Nears Year’s High on Bet Fed Will Cut Rates Faster Than ECB

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 29, 2026Dollar Faces Bigger Hit Than Euro If Fed, ECB Resume Rate Cuts -- Market Talk-0.2%
• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters+0.2%
• May 29, 2026Euro-Dollar: Why Markets Think The ECB Will Hike Before The Fed-0.2%
• Dec 14, 2023Euro-Dollar Closing On 1.10 As ECB Resists Rate Cut Bets+1.5%
• Jun 15, 2023ECB in no mood to pause after lifting rates to 22-year high+0.9%

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 17, 2025Ringgit ends near one-year high vs US$ on Fed cut hopes | The Star+0.4%
• May 29, 2026Dollar Faces Bigger Hit Than Euro If Fed, ECB Resume Rate Cuts -- Market Talk+0.3%
• Aug 19, 2024Sterling hits one-month high as Fed rate cut bets weigh on dollar | Reuters-0.8%
• Sep 22, 2024What Impact Will the Fed's Interest Rate Cut Have on the Indonesian Economy?-0.2%
• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters-0.4%