Euro falls to four-week low as ECB flags easing in December

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

• Jun 13, 2022Euro sharpens decline to four-week low-0.5%
• Jun 29, 2022Euro turns negative after Lagarde warns low inflation unlikely to return | Financial Post-3.4%
• Oct 29, 2021Euro's losses deepen as markets take dim view of ECB stance | Financial Post-1.2%
• Apr 12, 2024Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg-0.6%
• Jan 25, 2024US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde | Reuters-0.4%

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

• Jun 13, 2022Euro sharpens decline to four-week low+1.0%
• Jun 29, 2022Euro turns negative after Lagarde warns low inflation unlikely to return | Financial Post+2.0%
• Jun 21, 2021Baht, peso plumb multi-month lows to lead Asian FX falls | Financial Post-1.0%
• Apr 12, 2024Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg+1.1%
• May 26, 2023C$ posts weekly decline as investors eye higher U.S. rates | Financial Post-0.7%