Michigan Inflation Expectations comes in at 4.2% against 4.2% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The Michigan Inflation Expectations (USD) for July 2026, released today at 14:01 UTC, printed at 4.2%. This figure matched the consensus expectation of 4.2% and remained unchanged from the previous reading of 4.2%. The release showed no surprise against consensus, coming in at 0.0%.
Following the release, market reactions were observed across various pairs. AUDUSD moved -7.5 pips after 15 minutes, which is small compared to its median 1-hour move of 8 pips after past releases. EURUSD saw a +6.1 pip move after 15 minutes, also small against its median 1-hour move of 12 pips. GBPUSD moved +6.2 pips after 15 minutes, small relative to its median 1-hour move of 16 pips. NZDUSD registered a -0.9 pip move after 15 minutes, small compared to its median 1-hour move of 7 pips. USDCAD moved +13 pips after 15 minutes, matching its median 1-hour move of 13 pips. USDCHF moved -5.7 pips after 15 minutes, small against its median 1-hour move of 9 pips. USDJPY moved -15 pips after 15 minutes, which is larger than its median 1-hour move of 12 pips. XAUUSD moved +38 pips after 15 minutes, also larger than its median 1-hour move of 30 pips.