Core PCE Price Index m/m preview: Inflation gauge set for August release
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The US Core PCE Price Index m/m is scheduled for release on 2026-08-26 at 12:30 UTC. Market consensus anticipates a reading of 0.2%, an increase from the previous month’s 0.1%. This release is considered a high-impact event, as the Core PCE Price Index is the Federal Reserve’s preferred measure of inflation, making it a key indicator for monetary policy decisions.
After past Core PCE releases, FXC Terminal’s data shows significant market reactions. AUDUSD has seen a median 1-hour move of 8 pips, with top-quarter releases moving 13+ pips. EURUSD typically experiences a median 1-hour move of 10 pips, with top-quarter events moving 20+ pips. GBPUSD has a median 1-hour move of 14 pips, and top-quarter releases move 26+ pips. NZDUSD shows a median 1-hour move of 7 pips, with top-quarter releases moving 14+ pips. USDCAD has a median 1-hour move of 13 pips, and top-quarter releases move 20+ pips. USDCHF has seen a median 1-hour move of 7 pips, with top-quarter releases moving 13+ pips. USDJPY records a median 1-hour move of 10 pips, with top-quarter releases moving 21+ pips. Gold, XAUUSD, has a median 1-hour move of 28 pips, with top-quarter releases moving 50+ pips. The direction reliability on EURUSD after these releases stands at 46%.
Looking at recent history, the most recent Core PCE actual was 0.1%, which followed a 0.3% reading in June. The July 0.1% actual saw EURUSD move +3.8 pips in the hour following the release. In June, an actual of 0.3% resulted in a +25 pips EURUSD move, while May’s 0.3% print led to an +8.5 pips move.