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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 trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.