US dollar falls broadly after the Fed hints at a slower pace of rate hikes

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.

• May 26, 2018The charts that matter: the Fed hints at a more relaxed pace of rate hikes | MoneyWeek+0.2%
• Nov 4, 2022Dollar Falls Sharply as Fed Officials Allow for Smaller Rate Hikes-2.7%
• Mar 22, 2023Dollar falls after Fed raises rates, indicates one more hike ahead-1.0%
• Jun 14, 2017Dollar falls after Fed interest rate decision+0.6%
• Jul 29, 2021Dollar Falls Broadly after Fed, Q2 GDP Next - ActionForex-0.3%

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.

• Mar 16, 2023Euro rises, dollar falls after ECB rate decision+2.4%
• Apr 27, 2020FX Daily: Falling interbank rates should drag the dollar lower | articles | ING THINK+1.9%
• Dec 15, 2022Sterling falls against dollar and euro on 'dovish' UK rate hike-0.5%
• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters+0.2%
• Dec 20, 2018Commentary: Fed still the only hiker in town, but dollar refuses to play ball+0.2%