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BREAKING: Michigan Consumer Sentiment above expectations

3:05 PM 30 July 2021

The University of Michigan's consumer sentiment decreased to 81.2 pts in July from  85.5 pts in June, against expected 80.8 pts. 

  • Current conditions 84.5 vs 84.5 prelim
  • Expectations 79.0 vs 78.4 prelim
  • 1-year inflation 4.7% vs 4.8% prelim
  • 5 year inflation 2.8% vs 2.9% prelim

EURUSD broke below 1.1880 support after  today's data releases and is heading towards next support level at 1.1860. Source:xStation5  

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