Dollar weak as Brexit deal boosts euro; sterling in check

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.

• Nov 7, 2022Euro, sterling bounce, dollar drops as investors cash in-2.9%
• Nov 18, 2020Sterling pushed up by weaker US dollar, hopes of Brexit deal | Malay Mail-0.2%
• May 24, 2019Dollar slips as weak data boosts US rate cut bets+0.4%
• Nov 1, 2018Sterling has second biggest rise in 2018 on Brexit optimism, dollar woes-1.1%
• Nov 2, 2016Sterling hits 2-week high against broadly weaker dollar-0.6%

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.

• Nov 7, 2022Euro, sterling bounce, dollar drops as investors cash in+4.5%
• Jan 31, 2023Expect Pound Sterling Weakness against Euro, Dollar in Wake of Bank of England: CIBC-1.3%
• Mar 2, 2020Euro Exchange Rate Reaches 5-Week-Best As Rivals Pound Sterling And Dollar See Large Losses | Exchange Rates UK+2.9%
• Sep 28, 2022Sterling, euro rally against dollar after Bank of England buys UK bonds+3.8%
• Dec 14, 2023Euro-Dollar Closing On 1.10 As ECB Resists Rate Cut Bets+1.5%