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Richmond Fed misses but US consumer confidence matches estimates- USD/JPY unmoved so far

The June reading of US Consumer Confidence and the Richmond Fed manufacturing index have just been released. As noted earlier the markets were looking for a slightly less ebullient US consumer this month. The reading was forecast to fall to 100, from 102 in May. It has pretty much matched expectations, at 100.4.  The Richmond Fed index was also expected to come in lower, at -3 from a reading of 0 in May. That has actually fallen to -10 which was not good. Ahead of both these releases the EUR/USD was clinging to the 1.0700 handle having tested that this afternoon. The USD/JPY was close to session highs (159.71) trading at 159.62. The impact of this data has not changed the dollar much yet, but on balance this was not particularly exciting data. The EUR/USD has now fallen below 1.0700 by the way 
 

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