Dollar down as Fed minutes, U.S. data weighs

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.

• Mar 31, 2020US dollar weakens as Fed measure weighs+0.7%
• Feb 21, 2024Dollar edges down as Fed meeting minutes meet expectations-0.0%
• Nov 27, 2023US dollar weakens as Fed rate cut view weighs-0.2%
• Sep 30, 2024US Dollar Forecast: Fed’s easing weighs on the Dollar+0.9%
• Oct 27, 2023Dollar eases as month-end flows weigh; eyes on Fed and BOJ-0.9%

After 388 past bullish macro events, EURUSD moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Nov 27, 2023US dollar weakens as Fed rate cut view weighs-0.5%
• Apr 30, 2026EUR/USD advances as ECB holds rates, Dollar softens on mixed data+0.5%
• Feb 11, 2021Dollar slides near two-week lows as Fed pledges low rates-0.4%
• Nov 6, 2025Dollar weakens amid soft labor US data | Reuters+1.4%
• Dec 13, 2023Dollar drops as Fed signals coming rate cuts+1.7%