CB Consumer Confidence preview: Consensus points to slight decline

The Conference Board’s Consumer Confidence Index for the United States is scheduled for release on October 27 at 14:00 UTC. This high-impact economic indicator provides insight into consumer sentiment regarding current business and labor market conditions, as well as their short-term outlook. Market consensus anticipates a reading of 81.5, suggesting a marginal decrease from the previous month’s figure of 81.9. Traders will monitor this release closely for signals on consumer spending trends, a key component of economic activity.

Historically, this release has often led to notable price movements across major currency pairs and gold. After past CB Consumer Confidence releases, AUDUSD has seen a median 1-hour move of 7 pips, with top-quarter releases moving 14+ pips. EURUSD typically experiences a median 1-hour move of 11 pips, with top-quarter events moving 17+ pips. GBPUSD has a median 1-hour move of 14 pips, and top-quarter releases move 23+ pips. For NZDUSD, the median 1-hour move is 6 pips, with top-quarter releases moving 10+ pips. USDCAD has shown a median 1-hour move of 11 pips, with top-quarter releases moving 23+ pips. USDCHF has a median 1-hour move of 9 pips, and top-quarter releases move 17+ pips. USDJPY has seen a median 1-hour move of 10 pips, with top-quarter releases moving 20+ pips. Gold, XAUUSD, has historically reacted with a median 1-hour move of 34 pips, and top-quarter releases moving 58+ pips.

Recent prints of the CB Consumer Confidence Index have shown varied market reactions. The September 2026 release came in at 81.9 against a forecast of 89.4, with EURUSD moving +0.1 pips in the hour following. In August 2026, the actual was 89.4 versus a forecast of 91.8, leading to a -3.6 pips EURUSD move. The July 2026 actual of 90.8 against a forecast of 89.5 saw EURUSD move +14 pips. The June 2026 actual was 91.2 against a forecast of 88.8, resulting in a +37 pips EURUSD move.