Consumer Price Expectations (EUR) comes in at 33 against 24.4 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Eurozone Consumer Price Expectations were released today, showing an actual figure of 33. This print came in significantly above the consensus estimate of 24.4, representing a 35.2% surprise. The previous reading for this indicator was 30.3.
Following the release, initial market reaction across EUR pairs was observed. EURAUD moved -5.1 pips, EURCAD -2.6 pips, EURCHF -2.8 pips, EURGBP -0.6 pips, EURJPY +3.6 pips, EURNZD +2.1 pips, and EURUSD -1.7 pips within 15 minutes. These initial movements are generally small when compared to the typical median 1-hour moves for these pairs. For context, EURAUD typically sees a median 1-hour move of 11 pips, EURCAD 7 pips, EURCHF 5 pips, EURGBP 5 pips, EURJPY 9 pips, EURNZD 11 pips, and EURUSD 6 pips after past releases.