Sterling, euro rally against dollar after Bank of England buys UK bonds

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 28, 2022Pound Sterling Extends Gains against Euro and Dollar on post-Fed Relief-0.3%
• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls-0.2%
• Jan 1, 2026Sterling keeps rising after the Bank of England raised the bar on rate cuts+0.3%
• Feb 6, 2025Yen hits 8-week high; sterling drops after Bank of England rate cut+0.3%
• Jun 26, 2025Dollar drops to lowest since 2021 against euro, sterling-0.9%

Not enough comparable past events yet for a historical read.

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, 2023Expect Pound Sterling Weakness against Euro, Dollar in Wake of Bank of England: CIBC-1.3%
• Dec 15, 2022Sterling falls against dollar and euro on 'dovish' UK rate hike-0.5%
• Jan 31, 2024Pound pares advance against Euro and Dollar as investors position for Bank of England By PoundSterlingLIVE-0.9%
• Jan 30, 2023Dollar seesaws ahead of busy central bank week, euro higher after Spain CPI-0.3%
• Apr 12, 2019Pound Sterling Forecasts Slashed at ING after Brextension Derails Bank of England-0.2%