Michigan Consumer Sentiment comes in at 51.7 against 51 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
Michigan Consumer Sentiment for August 2026 was released today at 14:00 UTC, showing an actual reading of 51.7. This figure came in above the consensus estimate of 51. The previous month’s reading was also 51. The release represented a 1.4% surprise compared to the market consensus.
In the 15 minutes following the release, the US Dollar strengthened against several major pairs. AUDUSD moved down 23 pips, EURUSD down 32 pips, GBPUSD down 27 pips, and NZDUSD down 25 pips. USDCAD moved up 31 pips, USDCHF up 31 pips, and USDJPY up 26 pips. Gold, XAUUSD, moved down 726 pips. For historical context, the median 1-hour move for EURUSD after past releases has been 12 pips, with top-quarter moves exceeding 20 pips. GBPUSD’s median 1-hour move is 16 pips, and USDCAD’s is 13 pips. XAUUSD typically sees a median 1-hour move of 30 pips, with top-quarter moves above 66 pips. The observed moves so far are notable when compared to these historical ranges.