Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
The consensus forecast for Michigan Consumer Expectations Index is 48. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Michigan Consumer Expectations Index was 47.3 against a forecast of 47.2.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Michigan Consumer Expectations Index result:
Country: | United States |
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Currency: | USD |
Source: | University of Michigan |
Category: | Consumption |
Frequency: | Monthly |