South African rand jumps as Fed's Powell signals lower rates

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Aug 27, 2021Gold jumps after Fed's Powell fails to signal taper timeline-0.9%
• Oct 11, 2024South African rand rises after U.S. data fuels Fed rate cut bets | CNBC Africa+0.7%
• Apr 13, 2023UPDATE 1-South African rand jumps as dollar slips on U.S. producer prices | Kitco News+0.3%
• Aug 22, 2025Commodity Prices Surge As Powell Signals September Fed Rate Cut | FXEmpire-0.7%
• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-0.5%