Dollar slides as investors balance positions ahead of U.S. inflation data

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.

• Nov 14, 2023Canadian dollar rallies as investors cheer U.S. inflation data-1.8%
• Sep 12, 2022Latam currencies rally as dollar weakens ahead of U.S. inflation data+0.9%
• Jan 11, 2024Sterling gains vs dollar ahead of US inflation data+0.9%
• Apr 11, 2023Latam FX at 5-year high as dollar dips ahead of U.S. inflation data | Financial Post-0.4%
• Jan 10, 2023Dollar treads water near 7-month lows ahead of U.S. inflation data-0.8%

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.

• Jan 31, 2024Pound pares advance against Euro and Dollar as investors position for Bank of England By PoundSterlingLIVE-0.9%
• Jul 13, 2022Euro back above parity, dollar dips after inflation surges | Reuters+1.7%
• Nov 14, 2023Wall St, European stocks fly on soft U.S. inflation data | Reuters+2.3%
• May 23, 2022Euro climbs as ECB eyes rate hikes, dollar slides | Reuters+1.4%
• Nov 7, 2022Euro, sterling bounce, dollar drops as investors cash in+4.5%