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US: Reuters/Michigan Consumer Sentiment rises more than expected in November

FXstreet.com (Barcelona) - The US Reuters/Michigan Consumer Sentiment Index grew to 75.1 in November, from 73.2 recorded the previous month, according to data released by the Reuters/University of Michigan. Analysts expected an increase to 73.5.

EUR/USD retreats after US consumer sentiment

The rally of the EUR/USD lost momentum after hitting a fresh 4-week high of 1.3612 and following a consolidation phase, the pair came under pressure in the wake of a strong US consumer sentiment reading.
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