US Core CPI m/m comes in at 0.2% without consensus

The US Core CPI m/m figure, released today at 05:30 UTC, came in at 0.2%. No consensus figure was available for comparison with this release.

Following the release, market reactions over the first hour showed varied movements. AUDUSD was up 8.0 pips, EURUSD gained 7.2 pips, GBPUSD rose 3.2 pips, and NZDUSD increased by 9.3 pips. Against the USD, CAD moved down 4.5 pips, CHF fell 5.3 pips, and JPY declined by 11 pips. Gold, XAUUSD, was down 14 pips. These initial moves are generally smaller than the typical median 1-hour moves observed after past releases for these pairs, which range from 15 pips to 22 pips for the major USD pairs and 51 pips for XAUUSD.