Dollar near two-week high amid jitters over hawkish Fed, Ukraine

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.

• May 22, 2026Dollar near six-week high amid Iran war jitters By Reuters-0.4%
• Dec 18, 2024Dollar index hits two-year high after Fed delivers rate cut+0.7%
• Sep 30, 2021Dollar near one-year high as Fed tightening in focus | Reuters+0.0%
• May 19, 2023Hawkish Fed bets drive dollar higher | Convera+0.6%
• Jan 26, 2022Dollar rises to five-week high after Fed policy decision | Reuters+0.2%

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.

• Mar 21, 2025Dollar ends week higher versus euro as traders book gains-0.4%
• Jun 19, 2026Dollar index hits 13-month high on hawkish Fed, shaky Middle East outlook-0.6%
• Apr 1, 2023Dollar outshines euro, sterling amid European bank jitters+0.4%
• Dec 15, 2022Dollar gains after hawkish Fed, pound under pressure from dovish BOE - The Business Times-0.5%
• Jan 31, 2022Dollar holds near 18-month high ahead of busy central bank week - CNBC TV18+2.6%

After 57 past bullish macro events, Wheat (SRW) moved a median +0.3% over 5 sessions (65% higher; middle half -0.5% to +1.7%), and -0.7% over 20.

• Jun 8, 2016Wheat prices add over two percent as dollar plumbs one-month low-2.2%
• Dec 22, 20202021 Australian Dollar forecasts upgraded as the AUD soars to new highs - S Money+0.2%
• Feb 14, 2022Dollar strengthens on Bullard rate comments, Ukraine concerns+0.3%
• Oct 5, 2023Grain price jitters as rand creeps up to R20/$+4.8%
• Jan 28, 2018U.S. dollar impacts grain prices - Agweek | #1 source for agriculture news, farming, markets+0.2%