Fed rate-cut sign boosts stocks, dollar drops

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.

• Dec 13, 2023Dollar drops as Fed signals coming rate cuts-1.0%
• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-0.5%
• May 24, 2019Dollar slips as weak data boosts US rate cut bets+0.4%
• Jun 20, 2019Dollar extends losses on Fed rate cut bets-1.1%
• Jul 31, 2024Dollar falls as Fed signals likely September rate cut-0.5%

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.

• Dec 13, 2023Dollar drops as Fed signals coming rate cuts+1.7%
• Nov 16, 2023Dollar steady as U.S. jobless claims boost Fed rate cut bets+0.2%
• Nov 27, 2023US dollar weakens as Fed rate cut view weighs-0.5%
• Sep 5, 2024Investor bets shift as dollar weakens with looming Fed rate cuts-0.6%
• Dec 14, 2023Euro-Dollar Closing On 1.10 As ECB Resists Rate Cut Bets+1.5%