Euro-Dollar: Inflation, GDP Data Prompts Hawkish Rethink of ECB Rate Outlook

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.

• Sep 17, 2021Euro-Dollar Rate Heavy Despite Leaked ECB Inflation Forecasts-0.2%
• May 14, 2024Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook+0.6%
• Oct 31, 2024Euro Outperforms Dollar and Pound After Inflation and GDP Surprises-1.2%
• Oct 26, 2022Dollar sells off on speculation of less hawkish Fed, euro regains parity | Reuters-0.9%
• Oct 29, 2021Euro US Dollar Exchange Rate Jumps On ECB Rate Decision And US GDP-1.2%

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, 2021Euro-Dollar Rate Heavy Despite Leaked ECB Inflation Forecasts+0.2%
• May 14, 2024Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook-0.7%
• Oct 31, 2024Euro Outperforms Dollar and Pound After Inflation and GDP Surprises+0.7%
• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls-0.2%
• Oct 26, 2022Dollar sells off on speculation of less hawkish Fed, euro regains parity | Reuters+0.0%