US dollar weakens as Fed rate cut view weighs

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.

• Mar 31, 2020US dollar weakens as Fed measure weighs+0.7%
• Nov 25, 2025US dollar weakens as data backs Fed rate cut view; yen watch continues-0.6%
• Oct 31, 2019Gold gains as dollar weakens after Fed's interest rate cut-0.1%
• Aug 2, 2019Dollar weakens as September rate cut bets mount+0.4%
• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.1%

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.

• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.4%
• Sep 5, 2024Investor bets shift as dollar weakens with looming Fed rate cuts-0.6%
• Dec 1, 2022Dollar down as Fed minutes, U.S. data weighs+1.8%
• Dec 13, 2023Dollar drops as Fed signals coming rate cuts+1.7%
• Feb 28, 2020Forex: US Dollar's Appeal Fades As Rate Cut Looms+2.0%