
The US dollar gained against major currencies as a selloff in AI-related stocks spread across Asian and European markets. Investors sought cash and US Treasuries ahead of the US payrolls report, with the dollar rising against the yen and Swiss franc and the euro and pound weakening.
Safe-haven demand supported the dollar during the global equity selloff. Dollar strength can weigh on dollar-denominated commodity prices and alter export competitiveness.
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.
Not enough comparable past events yet for a historical read.
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.
Not enough comparable past events yet for a historical read.
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.