Michigan consumer sentiment Oct final 90.0 vs 92.5 exp

Latest data produced by the University of Michigan

• 92.1 prev
• expectations 82.1 vs 83.1 exp vs 82.7 prev
• current conditions 102.3 vs 107.00 exp vs 106.7 prev
• 1 year inflation expectations 2.7% vs 2.7% prev
• 5-10 year inflation expectations 2.5% vs 2.6% prev

Softer readings and traders needing little excuse to sell the greenback which points to the prevailing sentiment and month-end flows

EURUSD 1.1043 GBPUSD 1.5366 USDJPY 120.50

The University of Michigan Consumer Sentiment Index rates the relative level of current and future economic conditions. There are two versions of this data released two weeks apart, preliminary and revised. The preliminary data tends to have a greater impact. The reading is compiled from a survey of around 500 consumers.