EUR/USD posted its best day in five months on October 28, 2021, after US third-quarter GDP grew only 2% against expectations near 2.8%. Traders also reacted to the ECB holding policy unchanged, and the dollar sold off broadly in New York trading.
Weak US growth and a softer dollar tend to support dollar-priced commodities, while the Fed's expected tapering stance keeps rate hike bets subdued.
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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.