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US Consumer Sentiment better than forecast in April


April, 24 2020
watermark Economic news

The University of Michigan Consumer Sentiment Index, which reflects household confidence in the US economy, fell to 71.8 in April.


The March indicator was fixed at 89.1 points. Analysts polled by Reuters expected a drop to 68 points.


The coronavirus pandemic has led to a loss of over 26 million jobs in the past five weeks. That’s more than the employment gains since the Great Recession. 


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.