Euro sees a roller-coaster ride post-Draghi as dollar bulls start to throw in the towel

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 20, 2017Euro surges against dollar as Draghi says QE tightening talks will start in September+1.0%
• Apr 13, 2023Euro Surges to Strongest in a Year as Fed-Cut Bets Batter Dollar - Bloomberg-0.3%
• Jan 4, 2021Dollar slips in to 2021 as investors ride downtrend | The Business Standard+0.2%
• Nov 26, 2020Euro rises to near 3-month high as US dollar falls - The Business Times+2.0%
• Jan 24, 2018Draghi concerned at euro's rise against dollar | AGENCE EUROPE+0.9%

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 20, 2017Euro surges against dollar as Draghi says QE tightening talks will start in September-0.0%
• Apr 13, 2023Euro Surges to Strongest in a Year as Fed-Cut Bets Batter Dollar - Bloomberg+0.3%
• Jan 4, 2021Dollar slips in to 2021 as investors ride downtrend | The Business Standard-0.0%
• Nov 26, 2020Euro rises to near 3-month high as US dollar falls - The Business Times-1.2%
• Jan 24, 2018Draghi concerned at euro's rise against dollar | AGENCE EUROPE-0.8%