Michigan Consumer Sentiment comes in at 54.4 against 51.1 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The Michigan Consumer Sentiment index for July 2026 was released today at 54.4. This figure came in above the market consensus of 51.1, representing a 6.5% positive surprise. The previous reading was 49.5.
Measured market reaction saw AUDUSD initially rise +2.0 pips at 5 minutes, then settle to -0.1 pips after 15 minutes. EURUSD dipped -1.2 pips at 5 minutes, then recovered to +0.2 pips after 15 minutes. GBPUSD registered a minor dip of -0.1 pips at 5 minutes, extending to -1.7 pips after 15 minutes. NZDUSD showed no change at 5 minutes, then moved -2.0 pips after 15 minutes. USDCAD initially fell -1.2 pips at 5 minutes, then reversed to +1.3 pips after 15 minutes. USDCHF gained +1.0 pips at 5 minutes, returning to no change after 15 minutes. USDJPY saw an initial rise of +1.6 pips at 5 minutes, then moved to -1.1 pips after 15 minutes. XAUUSD initially dropped -17 pips at 5 minutes, then recovered significantly to -0.2 pips after 15 minutes. These measured moves are small compared to the median 1-hour moves observed after past releases for these pairs.