Category: sentimenthigher
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Forexlive Americas FX news wrap 10 May: Markets react to lower sentiment/higher inflation
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The US session was further influenced by preliminary consumer confidence data released by the University of Michigan which showed a sharp drop in the confidence index to 67.4 from 76.0. Expectations also fell sharply to 66.5 from 75.0, and current conditions also fell to 68.8 from 79.0. The data was…