US Dollar (DXY): Soars to Two-Month High Amid Resilient Economy, Debt Ceiling Concerns

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• May 23, 2023Dollar higher as U.S. debt ceiling concerns keep traders nervous+0.4%
• Jun 20, 2022US dollar to remain resilient amid the re-pricing higher in Fed's rate expectations – ING — Octa-0.9%
• Jan 30, 2020US Dollar On A Two-Month High, Asian Currencies Consistently Declining+0.3%
• Sep 21, 2022U.S. dollar soars to two-decade high as Fed flags more large hikes | Reuters+2.6%
• Apr 23, 2024Dollar's value climbs amid high interest rates, thriving U.S. economy-0.4%

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Sep 14, 2023Dollar jumps to 6-month high after data, ECB announcement | Reuters-0.2%
• Apr 27, 2022Dollar hits five-year high, growth concerns dent euro-1.2%
• Oct 31, 2023EUR/USD Mixed Amidst US Economy Resilience+1.2%
• Nov 6, 2024US shares, Bitcoin hit record high and dollar soars on Trump win-3.2%
• Sep 28, 2023Dollar index powers to 10-month high - Business & Finance - Business Recorder+0.1%