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US Consumer Sentiment above forecasts

3:07 PM 30 April 2021

The University of Michigan's consumer sentiment for the US was revised higher to 88.3 in April from a preliminary of 86.5 and compared with market expectations of 87.4. Inflation expectations for the year ahead increased to 3.4% from 3.1% in the previous month while the 5-year outlook decreased slightly to 2.7%.

EURUSD  fell after today's data releases and is heading towards the next support at 1.2050. Source:xStation5

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