Euro back above parity, dollar dips after inflation surges

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.

• Oct 31, 2024Euro Outperforms Dollar and Pound After Inflation and GDP Surprises-1.2%
• Oct 25, 2018Euro rises versus dollar after ECB's Draghi predicts inflation pick up-0.5%
• Oct 26, 2022Dollar sells off on speculation of less hawkish Fed, euro regains parity | Reuters-0.9%
• Mar 31, 2023Dollar up vs. euro but remains on track for weekly loss after inflation data+0.3%
• Sep 1, 2021Euro holds near one-month high after inflation jolt | Reuters+0.2%

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.

• Oct 31, 2024Euro Outperforms Dollar and Pound After Inflation and GDP Surprises+0.7%
• Nov 14, 2023Dollar sinks after data shows US inflation cooling | Reuters-1.8%
• Sep 27, 2024Dollar weakens after inflation data, Yen surges on Ishiba win+0.9%
• Oct 1, 2024Dollar weakens after inflation data, Yen surges on Ishiba win+0.9%
• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls-0.2%