Economic Sentiment Indicator comes in at 96.9 against 92.3 consensus

The Eurozone Economic Sentiment Indicator was released today, July 30, 2026, at 96.9. This figure came in above the market consensus of 92.3 and also surpassed the prior reading of 95. The actual print represented a 5.0% positive surprise compared to analyst expectations.

Following the release, EUR pairs showed varied reactions in the first 15 minutes. EURUSD moved +8.7 pips, which is larger than its median 1-hour move of 6 pips observed after past releases. EURCAD also saw a notable move of +10 pips, exceeding its median 1-hour move of 7 pips. Conversely, other EUR crosses experienced more subdued reactions. EURAUD moved -6.0 pips, EURCHF -2.2 pips, EURGBP -3.0 pips, EURJPY +0.3 pips, and EURNZD -3.0 pips. These initial 15-minute moves for EURAUD, EURCHF, EURGBP, EURJPY, and EURNZD were all smaller than their respective median 1-hour moves of 11 pips, 5 pips, 5 pips, 8 pips, and 11 pips, suggesting a relatively muted immediate impact on these pairs compared to historical averages.