Who knew? The loonie is on track for its biggest yearly gain in eight years

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 13, 2018Fed rate hike said in the bag, but watch for what could be the biggest policy shift in almost three years - Financial Post+1.3%
• Nov 9, 2020For investors, China's yuan is the big winner from Biden victory | Financial Post-0.1%
• Nov 28, 2018Loonie's dip below 75 cents proves short-lived — and there might be more good news on the way | Financial Post-0.8%
• Dec 29, 2025Rand set for biggest gain in 16 years on SA stability - Moneyweb+0.1%
• Jun 20, 2019US dollar on track for biggest 2-day drop this year on dovish Fed-1.1%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Oct 29, 2021C$ falls on GDP miss; posts biggest monthly gain in nearly a year | Financial Post-4.8%
• Jan 2, 2018Loonie starts the year on a tear, cracking 80 cents with a big boost from oil | Financial Post+2.1%
• Feb 26, 2021Posthaste: Why the high-flying loonie could soar to 84 cents this year - Financial Post+0.6%
• Oct 25, 2021Posthaste: The loonie is soaring above forecasts and come Wednesday could fly even higher - Financial Post-0.9%
• Apr 30, 2018Will oil prices be the trigger that wakes the inflation beast? - Financial Post+2.4%

Not enough comparable past events yet for a historical read.