Happy Friday.Or at least it would be if US consumers were in a better mood. UMich consumer sentiment has struggled to reach its pre-pandemic levels for years despite a robust economy with plenty of jobs.Does that mean it's a broken indicator that's been polluted by politics (like everything)? Yes it absolutely does.But will it move markets anyway: Yes again.The consensus is 63.7 from 63.8 a month ago and it's out at 10 am.Mercilessly, the Fed calendar is limited to Bostic at 9 am ET. This article was written by Adam Button at www.forexlive.com.
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