Lower-for-longer rates from the Fed point to a weaker-for-longer dollar

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.

• Aug 12, 2022Stronger dollar down for the week as clues point to inflation peak | Reuters+1.4%
• Jun 10, 2020Forex Today: Fed sent the dollar further lower — Octa+0.8%
• Feb 11, 2021Dollar slides near two-week lows as Fed pledges low rates+0.5%
• Jul 10, 2023US dollar drops to three-week low as Fed rate hikes nearly done-1.7%
• Nov 2, 2022US dollar falls broadly after the Fed hints at a slower pace of rate hikes-1.4%