Dollar sells off on speculation of less hawkish Fed, euro regains parity

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 13, 2022Euro back above parity, dollar dips after inflation surges | Reuters-0.8%
• Aug 27, 2024Pound hits two-year high on dollar, gains on euro | Reuters+0.9%
• Aug 25, 2026Euro gains support amid hawkish ECB expectations, subdued US Dollar+0.2%
• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls-0.2%
• Jan 27, 2023Stocks, dollar gain on allure of Fed soft landing | Reuters-0.6%

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

• Jul 13, 2022Euro back above parity, dollar dips after inflation surges | Reuters+1.7%
• Nov 23, 2021Dollar gains, euro recovers on better than expected data | Reuters+0.2%
• Aug 25, 2026Euro gains support amid hawkish ECB expectations, subdued US Dollar-0.4%
• Dec 14, 2023Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts – ThePrint – ReutersFeed+1.5%
• Apr 30, 2024Euro-Dollar: Inflation, GDP Data Prompts Hawkish Rethink of ECB Rate Outlook+0.6%