Dollar rallies as Fed, COVID-19 and recovery worries swirl

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.

• Nov 3, 2022Copper sags after Fed unnerves investors and dollar rallies | Financial Post-1.0%
• Sep 23, 2021Gold prices ease as dollar firms on Fed rate hike comments | Financial Post+1.0%
• Jun 7, 2024Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede+1.4%
• Sep 23, 2020Currencies slip as dollar gains on safe-haven demand, rand drops 1% | Financial Post+0.8%
• Mar 1, 2021Dollar gains on reflation trade, Aussie recovers | Financial Post+0.8%

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.

• Jun 7, 2024Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede-1.2%
• Mar 1, 2021Dollar gains on reflation trade, Aussie recovers | Financial Post-1.5%
• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post-1.3%
• Jan 28, 2022Dollar set for sparkling week as hike expectations surge | Financial Post+2.5%
• May 27, 2021Dollar firms as traders brace for U.S. inflation gauge | Financial Post-0.7%