Euro dips after EU cuts Italian outlook; dollar up before Fed meeting

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

• Sep 27, 2018Dollar rises on Fed rate outlook; euro falls on Italian budget woes-2.0%
• Jul 31, 2019Dollar up, stocks tumble after Fed rate outlook as pound stalls | Malay Mail+0.4%
• Sep 28, 2018Dollar gains on euro woes, Fed rate outlook-1.4%
• May 4, 2023Dollar gains, euro dips after cautious ECB-0.8%
• Mar 10, 2022Euro eases after ECB meeting, while dollar firms following inflation data | Reuters-0.7%

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

• Sep 27, 2018Dollar rises on Fed rate outlook; euro falls on Italian budget woes+0.4%
• Jan 31, 2024Sterling slips vs dollar before BoE and Fed meetings+0.3%
• Sep 19, 2022Australian dollar outlook: Fed knights US dollar king of the world | IG AU+1.9%
• Jul 31, 2019Dollar up, stocks tumble after Fed rate outlook as pound stalls | Malay Mail+0.9%
• Jun 15, 2023High-for-longer rate outlook as takeaway from FOMC meeting: Gold, Copper, US dollar | IG International-0.0%