I maintain that the UMich monthly US consumer sentiment survey is nothing but a barometer of gasoline prices and partisan political anger. The latter is tough to gauge but gasoline prices are in a good place and that should offer a boost to sentiment. The consensus is for a 62.0 reading from 61.3.
A stronger reading could add to the US dollar strength today but a particular focus will be on the inflation expectations numbers, which were previously at 4.5% on the one-year and 3.2% on the 5-10 year.
The data is due at the top of the hour.
![University of Michigan Consumer Sentiment](https://images.forexlive.com/images/University%20of%20Michigan%20Consumer%20Sentiment_id_81509e83-7337-4ad1-a73b-1175817d5dbd_size900.jpg)
University of Michigan Consumer Sentiment