
The euro was little changed to slightly higher after the ECB held its dovish stance, trading near $1.1792. US initial jobless claims rose to 419,000, the highest since mid-June, which weighed on the dollar index.
Weak US labour data and a steady euro leave the dollar index slightly softer, a mild tailwind for dollar-priced commodities. The move is routine and unlikely to shift feed markets on its own.
After 388 past bullish macro events, Euro (USD per EUR) 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, US Dollar (Broad) 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.