US Core PCE Price Index m/m comes in at 0.2% against 0.2% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
US Core PCE Price Index month over month data for September was released at 0.2%. This matched the consensus estimate of 0.2%. The previous month’s figure was also 0.2%. The actual print showed no surprise against the consensus.
Following the release, the market reaction showed some movement in major pairs. AUDUSD rose 14 pips 15 minutes after the release, while EURUSD gained 15 pips. GBPUSD also climbed 15 pips, and NZDUSD was up 13 pips. USDCAD fell 20 pips, USDCHF dropped 17 pips, and USDJPY declined 25 pips. Gold, XAUUSD, saw a significant increase of 207 pips. For most pairs, these moves were larger than their respective median 1-hour moves, such as AUDUSD’s median of 8 pips and EURUSD’s median of 11 pips. USDJPY’s 25-pip decline exceeded its typical top-quarter move of 21+ pips. XAUUSD’s 207-pip gain was substantially larger than its top-quarter move of 52+ pips.