Existing Home Sales m/m comes in at -2% against 0.1% consensus

The latest Existing Home Sales m/m data for the USD, released on 2026-09-10 at 14:00 UTC, showed a decrease of 2%. This figure came in significantly below the consensus expectation of 0.1%. The previous month’s reading was a decline of 1.7%, marking a substantial -2100.0% surprise against the consensus for this release.

Following the release, market reactions were observed across major currency pairs. Fifteen minutes after the data, EURUSD moved up by 8.4 pips, exceeding its median 1-hour move of 7 pips after past releases. USDCHF moved down by 9.4 pips, also exceeding its median 1-hour move of 8 pips. USDJPY saw a decline of 18 pips, significantly larger than its median 1-hour move of 10 pips. XAUUSD moved down by 43 pips, surpassing its median 1-hour move of 27 pips. Other pairs showed more modest movements within the first fifteen minutes. AUDUSD moved up by 1.2 pips compared to a median 1-hour move of 8 pips. GBPUSD moved up by 0.9 pips against a median 1-hour move of 12 pips. NZDUSD moved up by 4.2 pips compared to a median 1-hour move of 6 pips. USDCAD moved up by 4.2 pips against a median 1-hour move of 10 pips. For these pairs, the measured moves so far are small relative to their typical 1-hour movements.