Currencies Overview: Dollar Hovering Above Its Lowest Level in Weeks Before Fed Meeting

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.

• Oct 28, 2019Dollar dips on trade optimism, before Fed meeting - Trending - Aaj English TV-0.3%
• Jun 26, 2025Rand rallies to best level in 7 months as Trump’s Fed comment hits dollar | News24-0.9%
• Jun 20, 2019Dollar falls to 2-week low after Federal Reserve meeting-1.1%
• Jun 26, 2025No love for the dollar as markets fret about Fed independence-0.9%
• Nov 27, 2025US Dollar Holds Steady Near 1-Week Low as Markets Price in December Fed Cut | Investing.com-0.5%

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.

• Dec 12, 2019Euro buoyed before ECB meeting as Fed forecast knocks dollar | Financial Post+0.2%
• Sep 5, 2024Investor bets shift as dollar weakens with looming Fed rate cuts-0.6%
• Mar 2, 2020US asset markets: What Fed cuts mean for US Treasuries and the dollar | articles | ING THINK+2.9%
• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.4%
• Jul 31, 2026US Dollar: Post-Fed losses extend as positioning unwinds – ING-0.0%