U.S. Dollar Suffers Its Worst Month in a Decade

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 18, 2025Rand hits best level in months as dollar suffers Trump slump | News24+0.7%
• Nov 30, 2023US dollar gains but set for worst monthly loss in a year, euro falls+0.6%
• Jun 30, 2025The Dollar Has Its Worst Start to a Year Since 1973-0.0%
• Jul 31, 2026Dollar Logs Worst Week in Over Three Months Amid Fed Doubts - Bloomberg-0.1%
• Apr 17, 2025Trade Wars and the U.S. Dollar | PIMCO-0.2%

After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Nov 30, 2023US dollar gains but set for worst monthly loss in a year, euro falls-1.6%
• Jul 30, 2020Forex markets: Dollar, U.S. Federal Reserve in focus+1.1%
• Dec 1, 2022Dollar down as Fed minutes, U.S. data weighs+1.8%
• Apr 19, 2021Goldman Sachs backs the euro as the dollar hits two-month lows+0.7%
• Aug 21, 2026Dollar falls to three-month low on Treasury buyback worries | Reuters-0.2%