Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes

After 388 past bullish macro events, EURUSD moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters+0.2%
• May 23, 2022Euro climbs as ECB eyes rate hikes, dollar slides | Reuters+1.4%
• Mar 30, 2022Euro rises vs dollar as eurozone inflation fans rate hike expectations | Money & Forex Markets - Business Standard-1.6%
• Apr 19, 2021Goldman Sachs backs the euro as the dollar hits two-month lows+0.7%
• Sep 2, 2021Dollar lower after initial claims, euro at one-month high-0.2%

After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jul 28, 2022Dollar Vs Pound: Greenback Could Drop on Big Bank of England Rate Hike - Markets Insider-0.3%
• Jan 23, 2023Dollar edges lower vs euro on ECB rate hike bets | Reuters-0.4%
• May 23, 2022Euro climbs as ECB eyes rate hikes, dollar slides | Reuters-0.9%
• Nov 20, 2023Dollar stumbles to over two-month low as markets eye Fed cuts-0.6%
• Mar 30, 2022Euro rises vs dollar as eurozone inflation fans rate hike expectations | Money & Forex Markets - Business Standard+0.1%