Dollar under pressure as oil prices slump, Australia rate decision awaited

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.

• Dec 15, 2022Oil prices slid 2% as dollar firms and central banks hike interest rates+1.3%
• Feb 2, 2018Oil prices fall as US stock market slumps and dollar strengthens-7.0%
• Sep 21, 2026Canadian dollar under pressure as oil retreats and US rate outlook supports greenb By Investing.com-12.0%
• Jun 23, 2022Oil prices slump as investors fear Fed rate hikes will hurt demand | Reuters+4.5%
• Jan 30, 2025Oil Prices Hold Steady As Markets Await US Tariff Decisions, OPEC+ Meeting-2.1%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Dec 15, 2022Oil prices slid 2% as dollar firms and central banks hike interest rates-2.2%
• Feb 2, 2018Oil prices fall as US stock market slumps and dollar strengthens-6.3%
• Jun 23, 2022Oil prices slump as investors fear Fed rate hikes will hurt demand | Reuters+4.3%
• Jun 21, 2021Commodity Prices Dip As Dollar Surges | OilPrice.com+4.1%
• Dec 6, 2022Ringgit ends lower against US dollar as oil prices decline | Malay Mail-6.1%

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.

• Jul 2, 2025U.S. dollar to stay under pressure from tariff, debt and rate cut expectations+0.3%
• Aug 20, 2024RBA interest rates: Australian dollar rally brushes off iron ore price crash-0.2%
• Jun 14, 2017Dollar falls after Fed interest rate decision+0.6%
• Jan 29, 2026Dollar Remains Under Pressure Despite Fed’s Hawkish Hold as Gold Surges Again | Investing.com+0.6%
• Jan 31, 2018Dollar remains under pressure ahead of FOMC - BBH — Octa+0.4%

Not enough comparable past events yet for a historical read.