Euro falls to two-week low amid expectations of aggressive Fed rate hikes

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.

• Jun 28, 2022Euro dips as markets manage expectations of ECB rate hikes | Reuters+2.0%
• Oct 31, 2022Dollar gains on Fed rate hike expectations-0.1%
• Mar 1, 2018Gold slips to two-month low on US rate expectations-0.1%
• Jun 29, 2023Dollar index hits two-week high as data boosts Fed hike expectations+0.4%
• Jun 20, 2022US dollar to remain resilient amid the re-pricing higher in Fed's rate expectations – ING — Octa-0.9%

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.

• Jun 28, 2022Euro dips as markets manage expectations of ECB rate hikes | Reuters-3.3%
• Jan 30, 2022How ECB’s slower rates approach would protect Europe from aggressive Fed policy | The National+2.6%
• Feb 7, 2019EUR/USD: Hits two-week low, downside exposed as markets push back ECB rate hike bets to end 2020 — Octa-0.8%
• Feb 28, 2025Euro falls to more than two-week low after Trump, Zelenskiy meeting | Reuters+3.9%
• Aug 31, 2019Euro hits two-year low amid trade concerns | The National+0.6%