German inflation drops to lowest level in more than a year

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.

• Jan 30, 2017Euro hits 11-day low after German inflation data miss+1.0%
• Jun 11, 2024Euro drops to a one-month low; US dollar firms ahead of key inflation test - The Business Times-0.3%
• Sep 28, 2021Sterling drops more than 1%-0.7%
• May 16, 2018US and German bond yields have widened to levels not seen in almost 30 years-0.7%
• Nov 29, 2019Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom+0.9%

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.

• Oct 4, 2023Rand falls to lowest level against the dollar in months-0.8%
• Apr 28, 2022Gold hits lowest level in more than 2 months on lofty dollar, imminent U.S. rate hike+0.1%
• Jan 30, 2017Euro hits 11-day low after German inflation data miss-1.2%
• Jun 11, 2024Euro drops to a one-month low; US dollar firms ahead of key inflation test - The Business Times+0.3%
• Feb 27, 2023Won drops to 2023 lows on renewed inflation concerns-0.7%