Core CPI n.s.a. m/m comes in at 0% with no consensus - ForexCracked
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Event recap USD

Core CPI n.s.a. m/m comes in at 0% with no consensus

Published Jul 14, 15:30 UTC
Impact
6/ 10, medium
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD
USDJPY
Change measured from story publish at 15:30 UTC, from our own MT4 feed.

The latest Core CPI n.s.a. m/m data for the United States, released today, showed a reading of 0%. This figure follows the previous month’s reading of 0.3%. No consensus estimate was available for comparison with this release.

Following the release, EURUSD moved +37 pips one hour after the data was published. This move is consistent with the median 1-hour move of 37 pips observed after past releases, and it met the threshold for a top-quarter move of 37+ pips based on available history. USDJPY moved -30 pips one hour after the release. This move is consistent with the median 1-hour move of 30 pips observed after past releases, and it met the threshold for a top-quarter move of 30+ pips based on available history. These comparisons are based on a limited history of one release since 2015.

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