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
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
DE40: Adequate data, Mild growth