Dollar gains after US inflation data reinforces Fed rate-hike 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.

• Apr 18, 2024US dollar gains after strong data, Fed comments on rate cuts-0.1%
• Apr 28, 2023US dollar firms as inflation data backs Fed hike; yen plunges-0.3%
• Oct 31, 2022Dollar gains on Fed rate hike expectations-0.1%
• Dec 12, 2024Dollar higher on fresh inflation data, euro lower after ECB rate cut+0.6%
• Dec 14, 2016U.S. bond yields, dollar gain, stocks fall after Fed rate hike+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.

• Sep 30, 2022Dollar gains on euro after inflation data, sterling falls+0.3%
• Dec 12, 2024Dollar higher on fresh inflation data, euro lower after ECB rate cut-0.4%
• Oct 27, 2022Euro falls against the dollar after ECB rate hike, U.S. data-1.9%
• Feb 11, 2022Rate hike bets support the dollar amid surging US inflation - Markets - Business Recorder-1.1%
• Dec 15, 2016Dollar charges higher after Fed hikes rates-2.2%

Not enough comparable past events yet for a historical read.