Euro remains on its back foot as German CPI confirms easing price pressures

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.

• Apr 12, 2018Euro in Danger as Strength Now a Pressing Issue for the European Central Bank-0.0%
• Sep 30, 2019NewsBreak: Euro Hits New 2019 Low After German CPI Falls Below 1% By Investing.com+0.3%
• Sep 23, 2024Euro drops as glum PMI readings stoke bets on more ECB easing - The Business Times0.0%
• Mar 29, 2021Oliver Mangan: Euro pressured by widening interest rate gap-0.3%
• May 12, 2020What the German court decision against the ECB means for the euro+0.8%

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.

• Sep 23, 2021Gold prices ease as dollar firms on Fed rate hike comments | Financial Post+1.0%
• Aug 31, 2016Strong dollar remains anchor on prices-1.2%
• Sep 30, 2019NewsBreak: Euro Hits New 2019 Low After German CPI Falls Below 1% By Investing.com-0.2%
• Sep 23, 2024Euro drops as glum PMI readings stoke bets on more ECB easing - The Business Times-0.2%
• Mar 29, 2021Oliver Mangan: Euro pressured by widening interest rate gap-0.0%