Dollar edges higher as Fed outlook lifts U.S. yields

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.

• Feb 24, 2023Dollar steady on higher-for-longer rates outlook; yen volatile | Financial Post+0.0%
• Oct 18, 2021Dollar resumes upward March on higher yields; yen falls again | Financial Post-0.4%
• Sep 26, 2022Rupee seen at record low as dollar, U.S. yields surge; RBI eyed | Financial Post+0.2%
• Feb 2, 2021Dollar stands tall on better U.S. outlook vs Europe | Financial Post-0.3%
• Nov 3, 2022Gold dips as hawkish U.S. Fed lifts dollar, yields-1.0%

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.

• Feb 2, 2021Dollar stands tall on better U.S. outlook vs Europe | Financial Post-0.2%
• Dec 15, 2016Dollar, bond yields advance on Fed rate outlook-2.2%
• Sep 23, 2020Dollar rallies as Fed, COVID-19 and recovery worries swirl | Financial Post+0.1%
• Oct 1, 2026Dollar hits 17-month high versus euro as bond selloff lifts yields-1.4%
• May 27, 2021Dollar firms as traders brace for U.S. inflation gauge | Financial Post-0.7%