How ECB’s slower rates approach would protect Europe from aggressive Fed policy

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.

• Jul 1, 2026Euro Hits August Low as Lagarde’s Rates Talk Diverges From Fed-0.2%
• Sep 8, 2023Why the US Fed's interest rate pause is a win for dollar bulls | The National-0.4%
• Oct 28, 2017Euro falls most this year on ECB bond decision and Spanish woes | The National+0.3%
• Nov 18, 2021Euro hit by bets ECB monetary policy will diverge from major peers – The Irish Times-1.1%
• Jul 29, 2019The Euro-Dollar Rate Could Bounce if Fed Cuts Rates but It Won't Last, Analysts Say-0.1%

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 1, 2022Analysts react as Aggressive Fed hikes rates another 75 basis points-0.2%
• Jul 1, 2026Euro Hits August Low as Lagarde’s Rates Talk Diverges From Fed+0.2%
• Sep 8, 2023Why the US Fed's interest rate pause is a win for dollar bulls | The National-0.6%
• Oct 28, 2017Euro falls most this year on ECB bond decision and Spanish woes | The National-0.2%
• Nov 11, 2016Speech by Vice Chairman Fischer on U.S. monetary policy from an international perspective - Federal Reserve Board+1.4%