Stocks and won rally as Fed chair signals conditional dovishness

Not enough comparable past events yet for a historical read.

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.

• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-0.5%
• Dec 13, 2023Dollar drops as Fed signals coming rate cuts-1.0%
• Jul 31, 2024Dollar falls as Fed signals likely September rate cut-0.5%
• Nov 3, 2020Latam FX, stocks rally as dollar dogged by election jitters-1.8%
• Nov 24, 2022Canadian dollar steadies as investors cheer Fed’s dovish signal - Markets - Business Recorder-1.4%