Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Feb 3, 2021Euro-Dollar Gets No Help from Inflation as 1.20 Offers Formidable Support+0.7%
• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls+0.3%
• Sep 28, 2021Surging Inflation Fears Stoke Pound Sterling Advance against the Euro and Dollar-0.7%
• Aug 31, 2026Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus+0.2%
• Aug 30, 2019The Euro-Dollar Charts Point Lower and a Recession in Germany "Just Moved One Step Closer"-0.2%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Apr 30, 2018Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week | Exchange Rates UK+1.0%
• Aug 31, 2026Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus-0.6%
• Dec 12, 2017British Pound Holds Gains Over Euro after Inflation Tops 3%, Folds to Dollar Advance-0.2%
• Dec 28, 2022China's yuan weakens as U.S. dollar gains on sustained inflation outlook | Financial Post-0.2%
• Aug 27, 2025AUD/USD slides to near 0.6470 as US Dollar gains, PCE Inflation in focus-0.0%