CB Consumer Confidence preview: Consensus points to slight increase

The US Conference Board Consumer Confidence Index is scheduled for release on August 25 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 for income, business, and employment. The market consensus for the upcoming release is 91.8, which would represent a slight increase from the previous reading of 90.8. Consumer confidence is closely watched as it can influence consumer spending, a key component of economic activity.

Historically, this release has generated notable price movements across major currency pairs. For instance, EURUSD has seen a median 1-hour move of 11 pips, with top-quarter releases moving 17+ pips. GBPUSD typically experiences a median 1-hour move of 14 pips, with top-quarter events moving 23+ pips. USDCAD has a median 1-hour move of 12 pips, and top-quarter releases move 24+ pips. USDJPY has observed a median 1-hour move of 10 pips, with top-quarter releases moving 20+ pips. Gold, XAUUSD, has shown a median 1-hour move of 33 pips, with top-quarter releases moving 57+ pips.

Recent releases of the CB Consumer Confidence Index have shown varied outcomes. The July 2026 release came in at 90.8, above the forecast of 89.5, and was followed by a +14 pip 1-hour move in EURUSD. In June 2026, the actual reading of 91.2 surpassed the 88.8 forecast, with EURUSD moving +37 pips in the hour following. Conversely, the May 2026 release saw an actual 93.1 against a higher forecast of 99.7, resulting in a minor -0.7 pip 1-hour move for EURUSD.