Economic Sentiment Indicator comes in at 98.4 against 96.9 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The Eurozone Economic Sentiment Indicator for August 2026 was released at 98.4, surpassing the market consensus of 96.9. This figure represents a 1.5% surprise compared to expectations and an increase from the previous month’s reading, which also stood at 96.9. The data provides a snapshot of economic confidence within the Euro area.
Following the release, market reaction across major EUR pairs has been generally subdued in the initial 15 minutes. EURAUD moved -5.1 pips, EURCAD -2.6 pips, EURCHF -2.8 pips, and EURGBP -0.6 pips. EURJPY saw a +3.6 pip move, EURNZD +2.1 pips, and EURUSD -1.7 pips. These initial moves are small when compared to the typical median 1-hour moves observed after past releases, such as EURAUD’s median of 11 pips, EURCAD’s 7 pips, EURCHF’s 5 pips, EURGBP’s 5 pips, EURJPY’s 9 pips, EURNZD’s 11 pips, and EURUSD’s 6 pips.