European Central Bank raises rates by 25 basis points at June 2023 meeting

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.

• Jan 25, 2024European Central Bank holds rates steady, gives no hint at cuts ahead-0.4%
• Apr 30, 2026European Central Bank keeps rates on hold as inflation jumps+0.5%
• Jun 9, 2022European Central Bank confirms July rate hike plans, raises inflation projections-3.3%
• Dec 15, 2022European Central Bank slows rate hikes but vows more ahead | AP News-0.5%
• Jun 15, 2023European Central Bank hikes rates again and vows more after US Fed hits pause | AP News+0.9%

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.

• Jun 15, 2023European Central Bank hikes rates again and vows more after US Fed hits pause | AP News-0.0%
• Dec 10, 2025Fed Meeting Today: Central Bankers Can't 'Do Two Things At Once,' Powell Said-0.7%
• Jul 21, 2022Europe's central bank backs larger-than-expected rate hike | AP News+0.2%
• Aug 30, 2021Latam currencies firm, Colombian central bank meeting eyed - Markets - Business Recorder-0.7%
• Feb 19, 2022End of European Central Bank’s reign as dovish bastion likely to spark rebound for euro | The National+0.4%