Euro surges as ECB rate cut seems to mark last stimulus move

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 7, 2018Euro spurs currency experts to recalibrate outlook | The National-0.1%
• Feb 19, 2022End of European Central Bank’s reign as dovish bastion likely to spark rebound for euro | The National-0.9%
• Aug 2, 2024Euro-Dollar Surges as Odds of Emergency Federal Reserve Rate Cut Grows+1.2%
• May 31, 2020The euro rallies as the European Union addresses fiscal flaws | The National+1.7%
• Jun 15, 2023Euro advances, surges to 15-year peak vs yen, after ECB lifts rates+0.9%

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.

• Jun 16, 2020Gold futures rally after Fed pledges to keep interest rates low and sustain stimulus | The National-0.2%
• Feb 7, 2018Euro spurs currency experts to recalibrate outlook | The National+0.2%
• Feb 19, 2022End of European Central Bank’s reign as dovish bastion likely to spark rebound for euro | The National+0.4%
• Aug 2, 2024Euro-Dollar Surges as Odds of Emergency Federal Reserve Rate Cut Grows-0.3%
• May 31, 2020The euro rallies as the European Union addresses fiscal flaws | The National-1.8%