Michigan Consumer Sentiment revised slightly lower

The University of Michigan's consumer sentiment for the US was revised lower to 65.2 in April from a preliminary of 65.7 and above February 59.4, final estimates showed.

Other details of the publication:

Current conditions 69.4 vs 68.1 prelim
Expectations 62.5 vs 64.1 prelim
1-year inflation 5.4% vs 5.4% prior
5-10 year inflation 3.0% vs 3.0% prior

EURUSD saw relatively small reaction to today’s data release. The most popular currency pair continued to trade around 1.0530 level. Source: xStation5

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