Dollar, Sterling Fall Ahead Of Fed, BoE Meetings Amid Banking Stress

After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jun 11, 2020Baht strengthens as dollar falls after Fed meeting+1.2%
• Jul 24, 2024Dollar falls, short yen trades squared ahead of BOJ and Fed meetings | Reuters+0.7%
• Jun 9, 2020Dollar wallows ahead of Fed meeting, yen resilient - Business & Finance - Business Recorder+1.1%
• Mar 20, 2024Dollar weakens after Fed meeting, yen strengthens+0.1%
• Jan 11, 2024Sterling gains vs dollar ahead of US inflation data+0.9%

After 151 past bullish macro events, CORN moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+1.1%
• Mar 28, 2023U.S. Dollar Weakens Against Basket of Peers as Banking Crisis Concerns Ease | FXEmpire+0.2%
• Jun 17, 2019FX Talking: The beginning of the end of the dollar’s rally | reports | ING THINK-0.8%
• Dec 31, 2019USD: Fed's balance sheet expansion is creating a less favorable environment for the dollar - MUFG - Forex Crunch-0.6%
• Jul 27, 2017US Dollar Falls Amid Dovish FOMC, VIX At All-Time Low - ActionForex-1.3%

After 123 past bullish macro events, SOY moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+4.5%
• Mar 28, 2023U.S. Dollar Weakens Against Basket of Peers as Banking Crisis Concerns Ease | FXEmpire+5.5%
• Jun 17, 2019FX Talking: The beginning of the end of the dollar’s rally | reports | ING THINK+0.7%
• Dec 31, 2019USD: Fed's balance sheet expansion is creating a less favorable environment for the dollar - MUFG - Forex Crunch-0.5%
• Jul 27, 2017US Dollar Falls Amid Dovish FOMC, VIX At All-Time Low - ActionForex-2.3%