Why is European economy diverging from US and what are the limits to this?

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.

• Nov 13, 2024Why is the euro falling and could it hit $1?-0.2%
• Aug 31, 2023Why traders are ditching the euro - InvestmentNews-2.0%
• Oct 16, 2024ECB lowers rates and eyes more cuts as economy sags | Reuters-0.9%
• Jul 13, 2022ECB is 'attentive' to exchange rate as euro hits parity with dollar | Reuters+1.7%
• Mar 26, 2023Banking stress puts U.S. and Europe on watch for credit crunch | Reuters+1.0%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Nov 15, 2017The loonie is refusing to take its cue from oil - The Globe and Mail+2.1%
• Apr 17, 2024How the rupee’s fall can impact the economy and what RBI can do about it | Mint-2.3%
• Apr 29, 2019What does US$100-per-barrel crude oil mean for the world’s economy? It depends how long the price holds and who you are | South China Morning Post-2.1%
• Jan 3, 2023How Consumers and Businesses are Reacting to Food Price Inflation - Euromonitor.com-6.9%
• Apr 28, 2022Why diesel prices are driving up the cost of everything+5.7%