C$ slides as currency handbook goes 'out the window'

Not enough comparable past events yet for a historical read.

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.

• Sep 23, 2020Currencies slip as dollar gains on safe-haven demand, rand drops 1% | Financial Post+0.8%
• Dec 9, 2021Strong dollar weighs on Latin American currencies | Financial Post+0.8%
• Feb 15, 2023Latam FX slides as dollar firms, Colombian peso hits near six-week low - Financial Post+0.8%
• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post+1.6%
• Apr 21, 2022China's yuan slides to 6-month low as tightening prospects help dollar | Financial Post+2.3%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Oct 29, 2020Latam FX steadies after selloff; Oil-linked currencies slide | Financial Post+4.6%
• Oct 30, 2020Commodity currencies slide on oil, dollar braces for election | Financial Post+7.3%
• Mar 25, 2022Thai baht, Asian FX gain as oil prices come off the boil | Financial Post-11.6%
• Jun 11, 2020Canadian dollar slides as investor risk appetite wanes | Financial Post-4.1%
• Nov 18, 2022Canadian dollar extends weekly decline as oil prices slide | Financial Post-6.5%