
The euro jumped to a 12-week high against the dollar after the ECB increased its emergency purchase programme to 1.35 trillion euros, more than analysts expected. The euro gained for eight straight sessions and the dollar index fell 0.67%.
Wall Street traded lower ahead of the US jobs report.
A firmer euro and softer dollar tend to support dollar-priced commodities and make US exports more competitive in euro terms.
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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.