The euro rallies as the European Union addresses fiscal flaws

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.

• Feb 19, 2022End of European Central Bank’s reign as dovish bastion likely to spark rebound for euro | The National+0.4%
• Jan 11, 2019Yuan rallies to five year highs as US-China deal on trade gathers momentum | The National+0.4%
• Sep 13, 2019Euro surges as ECB rate cut seems to mark last stimulus move | The National+0.2%
• Nov 16, 2016South European bonds sell off as ECB rises up the agenda+0.6%
• Nov 10, 2019Why the euro is emerging as a brave bet against the dollar | The National+0.0%

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.

• Feb 19, 2022End of European Central Bank’s reign as dovish bastion likely to spark rebound for euro | The National-0.9%
• Sep 13, 2019Euro surges as ECB rate cut seems to mark last stimulus move | The National-0.3%
• Apr 30, 2026European Central Bank keeps rates on hold as inflation jumps+0.5%
• Nov 16, 2016South European bonds sell off as ECB rises up the agenda-1.0%
• Nov 10, 2019Why the euro is emerging as a brave bet against the dollar | The National+0.5%