EUR/USD was rising today as hopes for a COVID-19 vaccine and the reopening of economies across the world put markets into a
S&P/
Consumer confidence rose to 86.6 in May from 85.7 in April (negatively revised from 86.9) but missed the consensus forecast of 87.1. (Event B on the chart.)
New home sales were at a seasonally adjusted annual rate of 623k in April, up from the revised March rate of 619k (627k before the revision). The actual value was far above the analysts’ median estimate of 492k. (Event B on the chart.)
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