US Growth and Fed's Policy Outlook to Lift Yields Again, Lending Support to USD

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Oct 31, 2018USDJPY remains supported amid growing BoJ and Fed policy divergence-0.6%
• Mar 3, 2021Dollar gains with yields, U.S. growth seen likely to outperform+1.2%
• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post+1.6%
• Oct 27, 2017ECB Hammers The Euro, USD To Shine Again - ActionForex-0.1%
• Apr 4, 2023Lisa D Cook: The US economic outlook and monetary policy+0.4%

After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post-1.3%
• Oct 27, 2017ECB Hammers The Euro, USD To Shine Again - ActionForex-0.2%
• Mar 1, 2018US/German bond yield gap widest in 20 years on diverging policy outlooks+1.5%
• Apr 26, 2018Strong Yields Boost Dollar Awaiting ECB - ActionForex-1.7%
• Dec 15, 2016Dollar, bond yields advance on Fed rate outlook-2.2%