PCE Price Index y/y comes in at 3.4% against 4.2% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The PCE Price Index y/y for the United States was released at 3.4% today, September 30, 2026, at 12:31 UTC. This figure came in significantly below the consensus expectation of 4.2%. The actual print represents a -19.0% surprise compared to the consensus. The previous reading for the index was 3.7%.
Following the release, the US Dollar showed broad weakness against major currencies. AUDUSD rose 14 pips 15 minutes after the release, while EURUSD gained 15 pips, and GBPUSD also advanced 15 pips. NZDUSD moved higher by 13 pips. Against the USD, USDCAD fell 20 pips, USDCHF declined 17 pips, and USDJPY dropped 25 pips. Gold, XAUUSD, saw a significant rise of 207 pips. For context, the 15-minute moves for AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY are all larger than their respective median 1-hour moves, which range from 7 pips to 14 pips. The XAUUSD move of 207 pips is notably larger than its median 1-hour move of 29 pips and its top-quarter move of 52+ pips.