Dollar slips to 4-month low as Fed holds rates, nixes hike hopes

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.

• Jul 29, 2026Dollar slips as Fed holds rates steady | Reuters-0.9%
• Jul 10, 2023US dollar drops to three-week low as Fed rate hikes nearly done-1.7%
• Aug 1, 2023Gold scales 1-month peak as dollar, yields drop on rate-hike pause hopes+1.1%
• Jun 15, 2022Dollar dips as Fed hikes rates, flags slowing economy-0.9%
• Feb 11, 2021Dollar slides near two-week lows as Fed pledges low rates+0.5%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Mar 13, 2023Dollar slides as Fed rate hike outlook tumbles after SVB collapse+0.8%
• Aug 2, 2024Dollar hits four-month low as weak US jobs data boosts rate cut bets-0.6%
• Mar 18, 2022Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN+0.0%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+1.1%
• Jan 2, 2018Dollar falls to more than 3-month low on first trading day of 2018-0.6%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Mar 13, 2023Dollar slides as Fed rate hike outlook tumbles after SVB collapse-2.4%
• Aug 2, 2024Dollar hits four-month low as weak US jobs data boosts rate cut bets-1.2%
• Mar 18, 2022Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN+1.9%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+4.5%
• Jan 2, 2018Dollar falls to more than 3-month low on first trading day of 2018+0.7%