Top European officials are slamming Mnuchin's comments on a weaker dollar

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.

• Jul 1, 2023Dollar weaker after data burst, euro rises on ECB comments-0.3%
• Oct 28, 2021Dollar index drops on euro rise after ECB comments+0.6%
• Jan 25, 2018Dollar stung by Mnuchin comments, euro awaits ECB's currency views - The HinduBusinessLine-0.3%
• Mar 7, 2025US dollar sags after weaker-than-expected jobs data, Fed's Powell comments-0.1%
• Jul 20, 2018Dollar sees biggest one-day drop in 3 weeks after Trump comments-0.9%

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.

• Jul 1, 2023Dollar weaker after data burst, euro rises on ECB comments+0.7%
• Feb 1, 2026COMMENTARY: Europe’s euro worry a mirror of US dollar dilemma?-0.6%
• Oct 28, 2021Dollar index drops on euro rise after ECB comments-0.1%
• Jan 25, 2018Dollar stung by Mnuchin comments, euro awaits ECB's currency views - The HinduBusinessLine+0.3%
• Mar 7, 2025US dollar sags after weaker-than-expected jobs data, Fed's Powell comments+0.4%