Fed Consumer Credit m/m comes in at 14.17B against 11.44B consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The latest Fed Consumer Credit m/m data for August 7, 2026, showed an increase of 14.17B. This figure significantly exceeded the consensus expectation of 11.44B, representing a 23.9% surprise. The previous month’s reading was revised to -0.18B.
Following the release, market reactions were observed across major currency pairs and gold. Fifteen minutes after the data, AUDUSD was up 2.3 pips, EURUSD was up 0.6 pips, GBPUSD was up 0.4 pips, and NZDUSD was up 0.9 pips. USDCAD was up 1.4 pips, USDCHF was down 1.0 pips, and USDJPY was up 5.9 pips. Gold, XAUUSD, moved up 100 pips. Compared to typical median 1-hour moves, the initial reactions for AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, and USDCHF were relatively small. USDJPY’s move of 5.9 pips was above its median 1-hour move of 4 pips. XAUUSD’s move of 100 pips was significantly larger than its median 1-hour move of 12 pips.