The University of Michigan's consumer sentiment for the US was revised higher to 84.9 in March from a preliminary of 83.0 and compared with market expectations 83.6. Inflation expectations for the year ahead decreased to 3.1% from 3.3% in the previous month while the 5-year outlook increased to 2.8%.
EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1785 level. Source: xStation5
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