Charts Suggest Scope for One More Push Lower for the Dollar before a Correction - Marc to Market Marc Chandler on Global FX and Capital Markets

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.

• Apr 15, 2017Dollar Snaps Two-Week Advance, While Japanese Investors Resume Repatriating Funds - Marc to Market Marc Chandler on Global FX and Capital Markets+0.2%
• Apr 8, 2026The dollar is losing its war premium, and emerging markets are loving it: Chart of the Day-1.6%
• Feb 18, 2021Current US dollar rally is a bear market correction – ING — Octa-0.3%
• Jun 10, 2020Dollar slumps to three-month lows on Fed easing speculation - Markets - Business Recorder+0.8%
• Aug 31, 2021Dollar falls to more than 3-week low with payrolls eyed - Markets - Business Recorder-0.2%

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

• Jun 27, 2017Euro Surges on Draghi, While Yuan Rises on Suspected PBOC Action - Marc to Market Marc Chandler on Global FX and Capital Markets-0.6%
• Mar 2, 2020Dollar takes a back seat as markets bet on Fed rate cuts - The HinduBusinessLine-0.9%
• Jul 31, 2019Opinion | Why China may be ready for a strong yuan, and the US could follow up with a weak dollar policy | South China Morning Post+2.0%
• Nov 20, 2023Dollar stumbles to over two-month low as markets eye Fed cuts-0.8%
• Dec 15, 2020In Depth: What’s Next for the Yuan After Crushing the Dollar for Six Months - Caixin Global+0.0%