Fed Shift Boosts U.S. Dollar, But Asian Markets Shrug

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.

• Dec 19, 2024Dollar strengthens as market digests Fed's hawkish cut+0.5%
• May 8, 2024China’s yuan slips as hawkish Fed comments boost dollar - Markets - Business Recorder-0.1%
• Sep 23, 2020Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider+0.8%
• Nov 28, 2018Gold markets: The Fed, dollar in focus-0.8%
• Sep 30, 2026Australian Dollar reverses post-PCE rebound as Fed hike bets shift-0.1%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Sep 23, 2020Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider-1.1%
• Feb 15, 2023Canadian dollar weakens as U.S. data boosts Fed rate hike prospects - The Globe and Mail-6.5%
• Nov 24, 2022Canadian dollar steadies as investors cheer Fed’s dovish signal - Markets - Business Recorder+4.1%
• May 1, 2019Canadian dollar weakens as Fed inflation view boosts greenback - The Globe and Mail-3.8%
• May 23, 2024USD: Fed minutes boost the dollar | IG International-0.0%