Dollar gains on euro, yen, but tariffs keep investors cautious

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.

• May 4, 2023Dollar gains, euro dips after cautious ECB-0.5%
• Nov 23, 2021Dollar gains, euro recovers on better than expected data | Reuters+0.5%
• Sep 20, 2024Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes | Reuters-0.2%
• Mar 9, 2023Investors turn more bearish on Asian FX amid return of King Dollar | Reuters+0.5%
• Aug 31, 2023Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder+1.8%

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.

• May 4, 2023Dollar gains, euro dips after cautious ECB-0.8%
• Aug 31, 2023Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder-2.0%
• Feb 26, 2021Globals stock slide on inflation fears, dollar gains | Reuters-1.5%
• Nov 27, 2024Euro's bruising leaves global investors on edge | Reuters+0.4%
• May 22, 2025US dollar gains, sentiment still frayed; euro falters | Reuters+0.2%