Dollar gains after hawkish Fed, pound under pressure from dovish BOE

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 3, 2018US dollar strengthens after Fed comments - The Business Times+0.6%
• Jan 29, 2023Dollar clings to gains after US data; traders eye upcoming Fed meetings - The Business Times+0.5%
• Oct 17, 2018Dollar extends gains as traders await Fed minutes - The Business Times+1.1%
• Oct 17, 2018edges lower as dollar gains after hawkish Fed minutes+1.1%
• Sep 20, 2019Ringgit under pressure from dollar strength and divided Fed+0.5%

Not enough comparable past events yet for a historical read.

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.

• Oct 3, 2018US dollar strengthens after Fed comments - The Business Times-0.2%
• Jan 29, 2023Dollar clings to gains after US data; traders eye upcoming Fed meetings - The Business Times-0.3%
• Jun 30, 2022Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder-3.0%
• Aug 29, 2021ECB out-doving the Fed boosts euro's allure as funder of carry trades - The Business Times+0.8%
• Mar 6, 2021Dollar gains across the board in Europe - Business & Finance - Business Recorder+0.3%