Euro holds gains as US Dollar weakens following midterm elections

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.

• Feb 28, 2020Baht gains more ground, as US dollar weakens-2.6%
• Mar 27, 2020Ringgit extends gains against US dollar in early session | FMT+37.1%
• Jan 31, 2024Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail-6.0%
• Feb 15, 2023Canadian dollar weakens as U.S. data boosts Fed rate hike prospects - The Globe and Mail-6.5%
• Dec 6, 2022Ringgit ends lower against US dollar as oil prices decline | Malay Mail-5.0%

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.

• Feb 28, 2020Baht gains more ground, as US dollar weakens-0.5%
• Mar 4, 2025Euro gains after German debt reform; US dollar falls-1.2%
• Jun 30, 2025Sterling holds ground near 4-year high as dollar weakens | Moneycorp-0.0%
• Mar 31, 2020US dollar weakens as Fed measure weighs+0.7%
• Aug 25, 2026Euro gains support amid hawkish ECB expectations, subdued US Dollar+0.2%

After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Mar 4, 2025Euro gains after German debt reform; US dollar falls+3.2%
• Aug 25, 2026Euro gains support amid hawkish ECB expectations, subdued US Dollar-0.4%
• Oct 31, 2019Euro rises as dollar weakens on questions about more Fed rate cuts-0.4%
• Nov 27, 2023US dollar weakens as Fed rate cut view weighs-0.5%
• Apr 30, 2026EUR/USD advances as ECB holds rates, Dollar softens on mixed data+0.5%