EURUSD retreats on ECB Italy and soft data ahead of US midterm elections

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.

• Oct 31, 2023EUR/USD retreats on mixed EU data, ahead of Fed’s decision – Noor Trends+1.2%
• Aug 27, 2026Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole-0.5%
• May 29, 2024Big moves ahead: ECB’s interest rate cut and the future of EUR/USD-0.0%
• Oct 30, 2024The US Dollar Is Rising on Renewed Confidence in the US Economy and Market Fluctuations Ahead of the US Election - Desjardins+1.1%
• Mar 3, 2022Euro extends recent fall, U.S. dollar gains ahead of jobs data-0.3%

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.

• Oct 29, 2024Dollar peaks against yen ahead of US election and economic data | Reuters-0.2%
• Aug 27, 2026Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole+0.1%
• May 28, 2021USD/JPY set to retest 110 ahead of US data — Octa-0.1%
• May 29, 2024Big moves ahead: ECB’s interest rate cut and the future of EUR/USD+1.1%
• Oct 30, 2024The US Dollar Is Rising on Renewed Confidence in the US Economy and Market Fluctuations Ahead of the US Election - Desjardins-0.2%