Policy divergence bets drive dollar gains, pull euro lower

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.

• Apr 12, 2024Dollar jumps on central bank divergence, euro hits five-month low+1.1%
• Jul 6, 2022Dollar gains, euro falls as energy drives currency swings+0.7%
• Sep 20, 2021Evergrande jitters pull risk currencies lower, dollar gains on safety bid+0.1%
• Jan 23, 2020Dollar gains vs euro as ECB holds policy steady, launches review+0.4%
• May 4, 2023Dollar gains, euro dips after cautious ECB-0.5%

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.

• Apr 12, 2024Dollar jumps on central bank divergence, euro hits five-month low-0.6%
• Jul 6, 2022Dollar gains, euro falls as energy drives currency swings-1.8%
• Jan 23, 2020Dollar gains vs euro as ECB holds policy steady, launches review-0.7%
• May 4, 2023Dollar gains, euro dips after cautious ECB-0.8%
• Mar 3, 2022Euro extends recent fall; dollar gains on data, Powell comments - Business & Finance - Business Recorder-0.3%