Core CPI y/y comes in at 2.6% against 2.9% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The latest US Core CPI year over year data, released today at 12:30 UTC, showed an actual figure of 2.6%. This came in below the market consensus expectation of 2.9%. The previous reading for Core CPI year over year was also 2.9%.
Following the release, EURUSD moved +35 pips five minutes after the data, then +42 pips after 15 minutes, and was +37 pips one hour after the release. For EURUSD, the measured 1-hour move of 37 pips is consistent with its median 1-hour move of 37 pips after past releases. USDJPY moved -43 pips five minutes after the data, then -45 pips after 15 minutes, and was -30 pips one hour after the release. For USDJPY, the measured 1-hour move of 30 pips is consistent with its median 1-hour move of 30 pips after past releases.