Dollar drifts downward as investors cling to stimulus hopes

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.

• Mar 13, 2023Sterling rises as investors rethink U.S. rate-hike path after SVB collapse | Financial Post+0.3%
• Jul 31, 2026US Dollar Hits Post-FOMC Perfect Storm | Investing.com AU-0.1%
• Jul 29, 2026ING Says Dollar to Take Cue from Oil Prices If Fed Holds Rate | Financial Post-0.9%
• Jun 8, 2020Dollar dips as commodity currencies gain on recovery hopes | Financial Post+0.7%
• Mar 11, 2021Dollar drops to one-week low as inflation fears fade; ECB in focus | Financial Post-0.4%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Jul 28, 2021US dollar, stocks dip as Fed keeps taper timing close to chest+0.3%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+5.1%
• Jan 28, 2026AUD/USD Outlook: US Dollar Unwind Hands the Baton to Australia CPI | Investing.com+0.2%
• Sep 29, 2017Can the US dollar make a comeback? | South China Morning Post+3.1%
• Dec 30, 2019Dollar Languishes Near July Lows as Investor Risk Appetite Boosts Rivals-0.9%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Jul 28, 2021US dollar, stocks dip as Fed keeps taper timing close to chest-1.8%
• Dec 27, 2019Trade optimism puts floor on dollar/yen, boosts Aussie | Financial Post-0.8%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+3.1%
• Jan 28, 2026AUD/USD Outlook: US Dollar Unwind Hands the Baton to Australia CPI | Investing.com-0.1%
• Sep 29, 2017Can the US dollar make a comeback? | South China Morning Post+0.9%