Why is the euro falling and could it hit $1?

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 17, 2024A falling euro is not the ECB’s biggest headache | articles | ING THINK+0.6%
• Apr 29, 2020Euro seen falling to 1.05 to the US dollar by year-end: BofA+0.1%
• Jul 1, 2022Why has the dollar been so strong – and can it continue?-2.8%
• Nov 23, 2021The euro is plunging – and probably won’t bounce back soon+0.2%
• Mar 6, 2019Will The ECB Crush The Euro? | Investing.com-0.2%

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 17, 2024A falling euro is not the ECB’s biggest headache | articles | ING THINK-0.3%
• Sep 27, 2023Why the pound is in freefall – and what it means for Sunak+1.1%
• Apr 29, 2020Euro seen falling to 1.05 to the US dollar by year-end: BofA-0.5%
• Sep 28, 2022Why is the US dollar so strong, and what does it mean?-1.8%
• Jul 1, 2022Why has the dollar been so strong – and can it continue?+1.2%