Dollar falls on euro strength after ECB meeting as rates move

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.

• Dec 12, 2019Euro buoyed before ECB meeting as Fed forecast knocks dollar | Financial Post+0.2%
• Mar 16, 2023Euro rises, dollar falls after ECB rate decision+2.4%
• Mar 5, 2020Dollar surrenders to euro and yen as rate supremacy ends | Financial Post+1.3%
• Dec 15, 2022Sterling falls against dollar and euro on 'dovish' UK rate hike-0.5%
• Sep 10, 2020Euro advances after ECB's Lagarde says exchange rate not being targeted | Financial Post+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.

• Jun 11, 2020Baht strengthens as dollar falls after Fed meeting+1.2%
• Dec 12, 2019Euro buoyed before ECB meeting as Fed forecast knocks dollar | Financial Post-0.4%
• Mar 16, 2023Euro rises, dollar falls after ECB rate decision-1.2%
• Nov 8, 2022Dollar slips as German bund yields strengthen euro | Financial Post-2.6%
• Feb 25, 2020U.S. dollar falls as expectations of a Fed rate cut rise | Financial Post-0.5%