Dollar index hits 20-year high, sterling tumbles on dovish BoE

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.

• Apr 28, 2022Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan+0.1%
• Nov 16, 2016Dollar index surges to 14-year high+0.6%
• Nov 13, 2024Dollar hits one-year high on Trump trades-0.3%
• Oct 19, 2022Dollar gains with Treasury yields, sterling tumbles on hot inflation-0.4%
• Apr 25, 2022U.S. dollar rises to two-year high; yuan tumbles | Reuters+1.2%

After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.

• Apr 28, 2022Dollar index hits highest level since 2002-7.5%
• Nov 14, 2016Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets-3.6%
• Nov 16, 2016Dollar hits 14-year high as Trump-fuelled bond sell-off resumes+2.5%
• May 3, 2022Dollar approaches 20-year highs, Fed meeting in focus+3.6%
• Sep 3, 2019US dollar just hit 2-year high, closes in on another major milestone-6.0%

After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• Apr 28, 2022Dollar index hits highest level since 2002-3.3%
• Nov 14, 2016Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets+0.5%
• Nov 16, 2016Dollar hits 14-year high as Trump-fuelled bond sell-off resumes+4.1%
• Sep 3, 2019US dollar just hit 2-year high, closes in on another major milestone-1.4%
• Dec 30, 2021Dollar on track for best year since 2015+2.0%