Foreign exchange: Euro continues to weaken, falls back below the $1.12 mark

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.

• Feb 20, 2024Foreign exchange rate forecast to be under control in 2024-0.1%
• Jun 21, 2018Korean won continues to weaken against dollar - The Korea Times+0.4%
• Dec 14, 2018ECB Meeting Produces The Good And The Bad For The Euro | Exchange Rates UK-0.3%
• Nov 18, 2024Reasonable foreign exchange needed to stablise market: expert+0.5%
• Oct 28, 2022Euro US Dollar Exchange Rate Falls | Exchange Rates UK+1.2%

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.

• Dec 14, 2018ECB Meeting Produces The Good And The Bad For The Euro | Exchange Rates UK+0.7%
• Oct 28, 2022Euro US Dollar Exchange Rate Falls | Exchange Rates UK-2.3%
• Feb 26, 2021EUR/USD set to end the week on a sour note, drops sharply back below 1.2100 - Forex Crunch-1.5%
• Oct 21, 2021Foreign Exchange Rate Forecasts For Next 6-12 Months From Danske Bank-0.4%
• Sep 24, 2019Rates In US Continue To Put Upwards Pressure On The US Dollar | Exchange Rates UK-0.8%