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US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher

The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier, the markets were looking for lower readings on both the consumer confidence index and the Richmond Fed index. Well, that is what just showed up because the Richmond fed index has gone negative at -4 compared to +6. Consumer confidence was last at 98.3 and forecast to fall to 94. It has actually fallen to 92.9 . New home sales were forecast to rise though and they did, rising by 676k. The dollar has edged a little lower on this news, but we should remember it had already fallen back today. That said, there was nothing very positive in any of this data. The EUR/USD was trading around 1.0812 leading into this. It has just lifted above 1.0820. The USD/JPY has just hit a fresh session low on the news around 149.67. The EUR/USD is right now at 1.0819 

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