Retail Inventories m/m comes in at 0% against 0.5% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
Retail Inventories month over month for the United States came in at 0%, according to data released on 2026-07-28 12:30 UTC. This figure was below the consensus expectation of 0.5% and also lower than the previous month’s reading of 0.6%. The actual print represented a -100.0% surprise compared to the consensus.
Following the release, market reaction over the subsequent 15 minutes showed varied movements across major pairs. AUDUSD moved +0.8 pips, EURUSD saw a +1.6 pips change, and GBPUSD gained +8.8 pips. NZDUSD moved +0.3 pips. Conversely, USDCAD moved -0.6 pips, USDCHF moved -2.9 pips, and USDJPY showed no change at 0.0 pips. Gold, XAUUSD, moved -5.6 pips. These initial moves are generally small when compared to the typical median 1-hour movements observed after similar releases, which include 8 pips for AUDUSD, 10 pips for EURUSD, 13 pips for GBPUSD, 7 pips for NZDUSD, 11 pips for USDCAD, 9 pips for USDCHF, 10 pips for USDJPY, and 33 pips for XAUUSD.