Euro turns negative after Lagarde warns low inflation unlikely to return

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

• Oct 29, 2020Euro falls to four-week low as ECB flags easing in December | Financial Post-0.2%
• May 20, 2026Euro hits fresh six-week lows after Eurozone's final inflation data+0.2%
• Jan 25, 2024US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde | Reuters-0.4%
• Mar 1, 2021Dollar gains on reflation trade, Aussie recovers | Financial Post-1.5%
• May 27, 2021Dollar firms as traders brace for U.S. inflation gauge | Financial Post-0.7%

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.

• Oct 29, 2020Euro falls to four-week low as ECB flags easing in December | Financial Post-0.5%
• May 20, 2026Euro hits fresh six-week lows after Eurozone's final inflation data-0.2%
• Sep 13, 2022Latam FX slump as hot U.S. inflation sends dollar soaring | Financial Post+1.4%
• Jan 25, 2024US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde | Reuters-0.0%
• Mar 1, 2021Dollar gains on reflation trade, Aussie recovers | Financial Post+0.8%