Banking stress puts U.S. and Europe on watch for credit crunch

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.

• Nov 6, 2024For Europe's markets, Trump's return spells euro pain but bond gains | Reuters+1.9%
• Mar 10, 2022Euro zone bond yields soar as ECB presses on with stimulus exit | Reuters+0.2%
• Oct 27, 2023Sterling set for weekly declines on dollar and euro, buffeted - Markets - Business Recorder-0.9%
• Mar 15, 2023Euro Slumps against Pound and Dollar as European Banking Fears Rise-0.1%
• Jun 18, 2026VIEW Bank of England leaves rates on hold, sterling falls | Reuters+1.4%

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.

• Nov 6, 2024For Europe's markets, Trump's return spells euro pain but bond gains | Reuters-3.2%
• Mar 10, 2022Euro zone bond yields soar as ECB presses on with stimulus exit | Reuters-0.7%
• Dec 4, 2024Euro to stay weak, but avoid parity to USD for now: Reuters poll-0.1%
• Apr 12, 2018Euro in Danger as Strength Now a Pressing Issue for the European Central Bank-0.0%
• Mar 15, 2023Euro Slumps against Pound and Dollar as European Banking Fears Rise+0.4%