Macro Reaction

How GBP/USD reacts to macro news

GBP/USD has data for 1,394 scheduled macro releases across 10 event types. The biggest average next-fix move came after FOMC rate decision (0.65%), the smallest after UK Consumer Price Index (CPI) (0.37%).

Next release that moves GBP/USD: FOMC rate decision,

GBP/USD is a once-a-day series (Fed H.10 noon New York rate), so moves are measured to the next daily fix and one week later, not intraday.

Average size of the GBP/USD move after each event, Next fix (absolute %, scheduled releases). Tap a bar for every release.

Every event, ranked

Average absolute move after scheduled releases, % of releases where GBP/USD was higher at Next fix, the first-hour move vs a normal hour (crypto only), and the number of releases. Click a column to sort; click an event for every release.

EventNext fix+1 week% up Next fixvs normal hourn
FOMC rate decision0.65%1.11%49%–77
Bank of England rate decision0.65%1.17%50%–78
US retail sales0.50%1.00%52%–115
US GDP (advance estimate)0.46%0.93%44%–39
US Consumer Price Index (CPI)0.45%1.10%58%–117
US Nonfarm Payrolls (NFP)0.45%0.99%47%–117
US initial jobless claims0.44%0.99%49%–504
US Producer Price Index (PPI)0.42%1.05%44%–117
US PCE inflation (Personal Income and Outlays)0.41%0.95%51%–114
UK Consumer Price Index (CPI)0.37%0.95%47%–116

Past releases, not a forecast. Averages hide big differences between individual releases; open an event to see them all.

GBP/USD seasonality →

Other markets

BTCETHSOLXRPLTCDOGELINKADATAOGBP/USDSPYQQQ