Dollar Strengthens; Helped by Housing Data and Fed Comments

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.

• Oct 3, 2018US dollar strengthens after Fed comments - The Business Times+0.6%
• Apr 18, 2024US dollar gains after strong data, Fed comments on rate cuts-0.1%
• Feb 14, 2022Dollar strengthens on Bullard rate comments, Ukraine concerns-0.0%
• Dec 19, 2024Dollar strengthens as market digests Fed's hawkish cut+0.5%
• Sep 16, 2024US dollar strengthens ahead of expected Fed rate cut-0.2%

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.

• Oct 3, 2018US dollar strengthens after Fed comments - The Business Times-0.2%
• Sep 22, 2020Dollar rises after Fed's Evans comments on quantitative easing-0.7%
• Nov 14, 2022Dollar Rises Against Euro and Yen Following Fed Commentary+1.7%
• Aug 31, 2023Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder-2.0%
• Jul 1, 2022Why has the dollar been so strong – and can it continue?-2.8%

Not enough comparable past events yet for a historical read.

Not enough comparable past events yet for a historical read.