EUR/USD extends upside above 1.0850, eyes on Eurozone GDP, Fed rate decision

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.

• Jul 31, 2024EUR/USD rises to 1.0830 as Eurozone Inflation accelerates, Fed policy eyed — Octa-0.5%
• Oct 29, 2021Euro US Dollar Exchange Rate Jumps On ECB Rate Decision And US GDP+0.8%
• Jul 29, 2022USD/CAD sees a decisive move below 1.2800, US PCE and Canada GDP eyed — Octa-0.2%
• Jun 20, 2019Dollar extends losses on Fed rate cut bets-1.1%
• Nov 5, 2020Gold Price Analysis: XAU/USD steady near $1,950 after Fed’s decision — Octa-0.8%

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 31, 2024EUR/USD rises to 1.0830 as Eurozone Inflation accelerates, Fed policy eyed — Octa+1.1%
• Oct 29, 2021Euro US Dollar Exchange Rate Jumps On ECB Rate Decision And US GDP-1.2%
• Jun 15, 2023European markets live updates: ECB rate decision, Fed rate decision+0.9%
• Jun 12, 2024EUR/USD rallies above 1.0800 after soft US Inflation vitalize Fed rate-cut bets for September+0.1%
• Aug 31, 2020EUR/USD: The broad trend is to the upside — Octa-0.7%