
The euro fell for a second day, with EUR/USD near 1.1180 after trading around 1.1270 the previous day. German industrial production rose 0.7% in September, beating expectations, but risk aversion and support for the US dollar overshadowed the data.
Risk-driven demand for the dollar is weighing on the euro, pushing EUR/USD lower; the German production beat offered little offset.
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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.