Michigan Inflation Expectations come in at 4% against 4.3% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
Michigan Inflation Expectations (USD) released on 2026-08-28 printed at 4%. This was below the consensus expectation of 4.3% and also lower than the previous reading of 4.3%. The actual figure represented a -7.0% surprise against the market consensus.
Following the release, the US Dollar strengthened against major currencies. AUDUSD moved -12 pips after 5 minutes and -23 pips after 15 minutes. EURUSD saw a -23 pip move after 5 minutes and -32 pips after 15 minutes. GBPUSD moved -25 pips after 5 minutes and -27 pips after 15 minutes. NZDUSD moved -13 pips after 5 minutes and -25 pips after 15 minutes. USDCAD moved +17 pips after 5 minutes and +31 pips after 15 minutes. USDCHF moved +17 pips after 5 minutes and +31 pips after 15 minutes. USDJPY moved +13 pips after 5 minutes and +26 pips after 15 minutes. XAUUSD moved -375 pips after 5 minutes and -726 pips after 15 minutes. For context, after past releases, AUDUSD has a median 1-hour move of 8 pips, EURUSD 12 pips, GBPUSD 16 pips, NZDUSD 7 pips, USDCAD 13 pips, USDCHF 9 pips, USDJPY 12 pips, and XAUUSD 30 pips. The measured moves for all pairs and XAUUSD so far are larger than their respective median 1-hour moves, with many exceeding their top-quarter release thresholds.