US dollar sinks to three-week low on signs of slowing economy

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.

• Aug 30, 2023Dollar falls to two-week low as economic data softens+1.3%
• Jul 10, 2023US dollar drops to three-week low as Fed rate hikes nearly done-1.7%
• Jun 24, 2017US dollar posts steepest loss in three weeks on US rate-hike doubts - Times of News-0.8%
• Nov 3, 2023US dollar tumbles to six-week low after soft jobs data-0.6%
• Oct 26, 2022US dollar drops to three-week low as traders weigh a Fed pivot - Moneyweb+0.0%

After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% over 20.

• Jun 24, 2016Euro sinks to three-month low vs. dollar-3.0%
• Aug 30, 2023Dollar falls to two-week low as economic data softens-1.3%
• Apr 18, 2024How the strong U.S. dollar is rippling through the world economy+0.4%
• Jan 29, 2018G10 FX Week Ahead: State of the dollar | ING THINK+0.2%
• Jul 30, 2021EUR/USD Forecast: Euro US Dollar Exchange Rate Climbs To Three-Week High On Disappointing US GDP-0.4%