Euro touches one-year high as markets react to Draghi

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.

• Jun 27, 2017Mario Draghi confident over euro zone growth – The Irish Times+1.5%
• Jul 31, 2017Euro charges to 2 1/2-year high as dollar slumps - MarketWatch0.0%
• Nov 26, 2020Euro rises to near 3-month high as US dollar falls - The Business Times+2.0%
• Sep 24, 2018Euro rises sharply as ECB's Draghi views tighter labor market-1.0%
• Mar 10, 2017Markets rally as Mario Draghi signals eurozone upturn+1.4%

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 27, 2017Mario Draghi confident over euro zone growth – The Irish Times-0.3%
• Jul 31, 2017Euro charges to 2 1/2-year high as dollar slumps - MarketWatch+0.3%
• Nov 26, 2020Euro rises to near 3-month high as US dollar falls - The Business Times-1.2%
• Sep 24, 2018Euro rises sharply as ECB's Draghi views tighter labor market+0.3%
• Jul 1, 2017The pound and the euro jump as Carney and Draghi appear hawkish+0.2%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jul 5, 2022Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times-3.9%
• Mar 10, 2020Fear in the Market Drives Dow and Crude Oil Lower, Drags Ag Markets Along | Hoosier Ag Today-7.1%
• Mar 9, 2020The Sprout: Agriculture futures slip as stock market falls in reaction to oil price drop - iPolitics-23.0%
• Jul 1, 2023Oil drops 1.5% as Fed projects more rate hikes this year+3.4%
• Jul 30, 2026Canadian dollar rises to six-week high as greenback slides - The Globe and Mail-10.1%