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
What to look out for this week❓
Morning Wrap: Iran's peace proposal “UNACCEPTABLE”; markets take a hit ❗💥
BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨
📈 EURUSD up 0.4% before the NFP