US Dollar: Hot CPI lifts yields and Fed bets

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.

• Nov 3, 2022Gold dips as hawkish U.S. Fed lifts dollar, yields-1.0%
• Oct 28, 2022Gold down 1% as dollar, yields rise on Fed rate-hike bets+1.2%
• May 11, 2020Sterling dips as rising US yields lift dollar+0.9%
• May 26, 2026US Dollar: Higher yields and data keep Fed repricing in focus – MUFG-0.1%
• Dec 15, 2016Dollar, bond yields advance on Fed rate outlook+1.6%

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 15, 2016Dollar, bond yields advance on Fed rate outlook-2.2%
• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post-1.3%
• Oct 1, 2026Dollar hits 17-month high versus euro as bond selloff lifts yields-1.4%
• Oct 15, 2024US dollar continues uptrend as Fed policy provides lift-1.1%
• Nov 14, 2016Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets-2.6%