Euro dives, dollar rises after Fed's Powell reaffirms hawkish stance

After 273 past bearish macro events, SOY moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• May 3, 2017FOMC Dollar rises gold extends fall after Fed policy statement+0.8%
• Dec 14, 2016U.S. bond yields, dollar gain, stocks fall after Fed rate hike-2.2%
• Mar 8, 2023The U.S. dollar bounces to 2023 high as Fed’s Powell signals higher rates - MarketWatch-1.7%
• Jun 16, 2021Dollar jumps after Fed pulls interest rate hikes into 2023 | Reuters-4.9%
• Dec 16, 2016Dollar near 14-year highs after Fed tips more rate hikes-3.4%

After 301 past bearish macro events, CORN moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.

• May 3, 2017FOMC Dollar rises gold extends fall after Fed policy statement+0.5%
• May 4, 2017Gold plummets below $1,230 on hawkish US Fed stance as dollar strengthens | IBTimes UK+1.3%
• Dec 14, 2016U.S. bond yields, dollar gain, stocks fall after Fed rate hike-2.5%
• Mar 8, 2023The U.S. dollar bounces to 2023 high as Fed’s Powell signals higher rates - MarketWatch-1.6%
• Apr 25, 2022Fed’s hawkish stance keeps commodity markets under pressure+0.4%

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Mar 1, 2025Dollar firms, Aussie steady after RBA's 'hawkish' rate cut-1.8%
• Sep 30, 2024Dollar gains as Fed's Powell adopts hawkish tone on economy | Reuters+0.9%
• Oct 17, 2018edges lower as dollar gains after hawkish Fed minutes+1.1%
• Jun 25, 2024US dollar advances after hawkish Fed comment, economic data | Reuters+0.6%
• May 3, 2017FOMC Dollar rises gold extends fall after Fed policy statement+0.6%

After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Oct 1, 2026Dollar rises, euro slips after ECB rate increase-1.4%
• Aug 1, 2019Dollar Powered Up by Fed Powell, Broke Key Resistance Against Euro - ActionForex+1.0%
• Jun 19, 2026Euro steadies as the US Dollar eases, but hawkish Fed bets limit upside-0.6%
• Jun 14, 2024EUR/USD plummets to 1.0670 as Fed's hawkish policy keeps US Dollar firm-0.6%
• Nov 30, 2023US dollar falls on dovish remarks by Fed's Powell-1.6%