Consumer sentiment from the University of Michigan
- Prior was 100.7
- Current conditions 113.6 vs 116.5 prior
- Expectations 87.6 vs 90.5 prior
- 1 year inflation +2.6% vs +2.4% prior
- 5-10 year inflation 2.5% vs 2.5% prior
Disappointing numbers but sentiment is still near the cycle highs.
The US dollar dipped on the headlines and that helped EUR/USD to the best levels of the day.