The dollar traded slightly lower against the euro and Swiss franc on Monday morning, with EUR/USD at 1.1163. The dollar had strengthened on Friday after strong US employment data increased market expectations of a December Federal Reserve rate hike.
A small retreat in the dollar supports EUR/USD at the margin, while expectations of higher US rates could limit the decline and support the dollar more broadly.
After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.
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.