Fed Officials Take the Stage as the Dollar's Decisive Week Begins

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.

• Jun 20, 2017Baht weakens against dollar after Fed official’s comments - ThaiResidents.com - Thai Local News - Thai News+0.0%
• May 21, 2024FOREX Dollar firm as Fed officials urge patience on rate cuts+0.2%
• Mar 20, 2020Dollar strengthens, set for best week since the financial crisis-2.1%
• Jan 26, 2022Dollar rises to five-week high after Fed policy decision | Reuters+0.2%
• Jul 31, 2018Yen plumbs week trough against dollar after BoJ's decisions+0.6%

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.

• Nov 1, 2023Oil falls to settle at 3-week low as Fed policy stance lifts dollar-4.5%
• Jul 28, 2026Canadian dollar rebounds from two-week low ahead of Fed decision | Reuters+2.0%
• Jan 31, 2024Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail-6.0%
• Nov 8, 2018Canadian dollar hits eight-week low as U.S. Fed affirms rate hike policy - The Globe and Mail-8.9%
• Jan 30, 2023Risk aversion weighs on Canadian dollar ahead of Fed rate decision - The Globe and Mail-7.9%