United States Dollar Index falls to monthly lows near 101.00 following Democratic sweep

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.

• Jan 26, 2018Dollar falls, set for biggest monthly drop in nearly 2 years-0.0%
• Nov 28, 2023US dollar skids to 3-1/2-month low, headed for biggest monthly drop in a year+0.2%
• Nov 30, 2023US dollar gains but set for worst monthly loss in a year, euro falls+0.6%
• Jan 10, 2023Dollar treads water near 7-month lows ahead of U.S. inflation data-0.8%
• Feb 1, 2023Dollar falls to nine-month low as Powell notes progress in disinflation | Reuters+1.1%

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, 2020US Dollar Index drops to 3-week lows near 98.40 ahead of US docket — Octa-2.6%
• Apr 21, 2021Canadian dollar sees biggest drop in nearly 2 months as oil falls+0.7%
• Jun 24, 2026U.S. dollar rises to 13-month high on Fed rate hike views-5.3%
• Dec 15, 2021Canadian dollar at nearly 3-month low as oil prices fall | Reuters+0.7%
• Jul 18, 2023Canada's inflation falls to 27-month low but underlying pressures persist | Reuters+6.2%