The University of Michigan consumer sentiment for the US fell to 59.70 in March, from 62.80 in February and well below in line with market forecasts of 61.5, preliminary estimates showed. It is the lowest reading since November of 2011 as sentiment continues to be hurt by falling inflation-adjusted incomes, recently accelerated by rising fuel prices as a result of the Russian invasion of Ukraine. The year-ahead expected inflation rate (5.4%) rose to its highest level since 1981, and expected gas prices posted their largest monthly upward surge in decades. Personal finances were expected to worsen in the year ahead by the largest proportion since the surveys started in the mid-1940s.
EURUSD fell slighlty and is testing lower limit of the triangle formation. Source:xStation5
BREAKING: US industrial production & manufacturing data lower than expected
Yen loses ground after the BoJ decision
Hawkish remarks by BOJ Governor strengthen the yen – key takeaways
🏯Chart of the Day: Yen in a Trap. BoJ Hike That Weakened the Currency (18.09.2026)