Baker Hughes US Total Rig Count holds steady at **588**
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The Baker Hughes US Total Rig Count was released today, August 7, 2026, at 588. This figure matched the previous release of 588. No consensus figure was available for comparison.
One hour after the release, major USD pairs showed limited movement. AUDUSD moved up 1.5 pips, EURUSD rose 2.0 pips, and NZDUSD gained 2.5 pips. GBPUSD declined 1.1 pips, while USDCHF remained unchanged at 0.0 pips. USDCAD saw a 3.0 pip increase, and USDJPY rose 3.3 pips. XAUUSD experienced a more notable increase of 101 pips. For most major USD pairs, these movements were smaller than their respective median 1-hour moves observed after past releases. For example, AUDUSD’s 1.5 pip move was less than its median of 3 pips, and EURUSD’s 2.0 pips was less than its median of 4 pips. XAUUSD’s 101 pip move, however, was significantly larger than its median 1-hour move of 17 pips and its top-quarter move of 37 pips.