Michigan Sentiment Index, also known as Index of Consumer Sentiment, UoM Consumer Sentiment, and University of Michigan Sentiment, is a one of the leading fundamental indicators. It is reported monthly by the University of Michigan, normally on the last Friday of every month. A better than expected reading of this sentiment indicator is considered a bullish factor for the USD. If the number is lower than the median forecast, it is considered a bearish factor. The posts below provide Michigan Sentiment Index readings for the past several years.
2020
- EUR/USD Struggles to Find Direction
- EUR/USD Rises as Markets Digest Powell’s Speech
- EUR/USD Reverses Decline, Continues to Rise After Disappointing US Retail Sales
- EUR/USD Drops on Income and Spending; Strengthens on Sentiment Indicators
- EUR/USD Jumps as EU Summit Commences
- EUR/USD Remains Weak amid Coronavirus-Related Risk Aversion
- EUR/USD Attempts to Rebound, Retreats After Favorable US Data
- EUR/USD Rallies Ahead of Trump’s Press Conference
- EUR/USD Surges After Record Drop of US Retail Sales, Trims Gains Later
- EUR/USD Rebounds After Falling on Negative Fundamentals
- Fed Stimulus Announcement & Jobless Claims Lead to Surge of EUR/USD
- EUR/USD Fails to Extend Rally to Sixth Session
- EUR/USD Extends Drop as US Stock Market Rebounds, Economic Data Beats Expectations
- EUR/USD Retreats After Attempting to Extend Rally
- EUR/USD Flat, Largely Ignoring Economic Data
- US Data Mixed, EUR/USD Surges
- EUR/USD Declines During Friday’s Trading
2019
- EUR/USD Crashes on Eurozone & US Data
- EUR/USD Sinks After Nonfarm Payrolls
- EUR/USD Retreats After Rally, Dragged Down by PMIs
- EUR/USD Falls for Fifth Day of Week
- EUR/USD Recovers After Falling Intraday
- EUR/USD Gains on Trade Deal Optimism, Retains Gains After Positive US Data
- EUR/USD Rises as US Consumer Spending & Core PCE Inflation Slow
- EUR/USD Starts Week with Big Slump
- EUR/USD Continues to Fall for Whole Week
- EUR/USD Continues to Decline as German Yields Fall
- EUR/USD Rallies After NFP Match Expectations
- EUR/USD Sinks After USA Increase Debt Ceiling
- EUR/USD Gains as Eurozone Inflation Accelerates
- EUR/USD Sinks After US Retail Sales, Industrial Production
- EUR/USD Gains Despite Risk Aversion, Poor Eurozone Data
- EUR/USD Fails to Maintain Rally After US Consumer Sentiment Provides Positive Surprise
- EUR/USD Sharply Rebounds After Dropping on US GDP
- EUR/USD Retreats, Erasing Earlier Rally
- EUR/USD Moves in Range After Attempting to Bounce
- EUR/USD Rises, Then Falls amid Directionless Trading
- EUR/USD Trims Gains Caused by Poor US Data
- EUR/USD Bounces After Mixed US Data
- EUR/USD Rallies, Keeps Gains After Mixed Nonfarm Payrolls
- EUR/USD Declines amid Speculations About US Tariffs Rollback
2018
- EUR/USD Declines as Risk Aversion Grabs Hold of Markets
- EUR/USD Climbs After NFP, Reverses Gains by Session’s Close
- EUR/USD Trims Gains After Climbing Intraday
- EUR/USD Trades Lower Following Better-Than-Expected US PPI
- EUR/USD Recovers Even as US GDP Beats Expectations
- EUR/USD Reverses Movement on Friday, Goes Down
- EUR/USD Recovers from Drop Caused by Italian Budget
- EUR/USD Retreats After US Macroeconomic Releases
- EUR/USD Declines After Trade War Fears Resurface
- EUR/USD Gains on Optimism About US-China Trade Talks
- EUR/USD Recovers, Unfazed by Solid US GDP
- EUR/USD Fails to Enter Downtrend, Ignores US Fundamentals
- EUR/USD Strong After EU Immigration Deal
- EUR/USD Recovers As US-China Trade War Intensifies
- EUR/USD Resumes Decline as Geopolitical Tensions Don’t Escalate
- EUR/USD Extends Rally Caused by CPI Miss
- EUR/USD Bounces as Markets Ignore US GDP
- EUR/USD Slows Rally Ahead of Holiday
- EUR/USD Declines for Third Day as Markets Prepare for Fed Hike
- EUR/USD Recovers from Intraday Drop
- EUR/USD Retreats from Three-Year High
- EUR/USD Moves Down After NFP Rise Beyond Forecasts
- EUR/USD Rises with German Economic Sentiment
2017
- EUR/USD Drops as Catalan Separatists Win Elections
- EUR/USD Erases Losses After NFP Show Disappointing Wage Growth
- EUR/USD Rallies After Mixed Data, FOMC Minutes
- EUR/USD Flat on Uneventful Monday
- EUR/USD Extends Decline, Driven Down by Adverse Fundamentals
- EUR/USD Little Changed as Euro & Dollar Struggle to Find Direction
- EUR/USD Rises After Core PCE Inflation Misses Expectations
- EUR/USD Goes Higher After Friday’s US Data
- EUR/USD Quickly Reverses Gains Caused by Poor NFP
- EUR/USD Down During Quiet Trading as Dollar Recovers
- EUR/USD Attempts to Resume Rally
- EUR/USD Reverses Losses After Soft Economic Data from USA
- EUR/USD Declines on Last Day of June
- EUR/USD Rallies on Back of Surprisingly Poor US Data
- EUR/USD Extends Move Down Following Positive Revision of US GDP
- EUR/USD Surges Following Poor CPI and Retail Sales Data
- EUR/USD Trims Gains Despite Slow US Economic Growth
- EUR/USD Backs Off After Wednesday’s Rally
- EUR/USD Halts Decline Even as Eurozone Inflation Disappoints
- EUR/USD Pauses Rally After Two Days of Gains
- EUR/USD Fails to Rally on Disappointing US Housing Data
- EUR/USD Ends Friday Lower
- EUR/USD Up After Disappointing Set of Data from USA
- EUR/USD Fails to Rally for Third Day
2016
- EUR/USD Moves Little Higher During Quiet Christmas Trading
- Sell-Off of EUR/USD Continues
- EUR/USD Declines as Dollar Supported by Fundamentals
- EUR/USD Retreats After Unsuccessful Attempt to Rally
- EUR/USD Up After US Consumer Sentiment Disappoints, Ignores GDP
- EUR/USD Drops on US Data, Fails to Rebound
- EUR/USD Recovers Despite Good Data from USA
- EUR/USD Ends Trading Sharply Lower
- EUR/USD Dips After Yellen Talks About Interest Rate Hike
- US Indicators Miss Expectations — EUR/USD Resumes Rally
- EUR/USD Rallies After Abysmal US GDP Report
- US Retail Sales and Industrial Production Help USD vs. EUR
- EUR/USD Crashes as Britons Vote for Brexit
- EUR/USD Drops Further
- US GDP Revised Higher, EUR/USD Hurries to Downside
- EUR/USD Dips as US Retail Sales Rise Far Above Expectations
- Rally of EUR/USD Accelerates
- Dollar Falls Against Euro But Not Far
- EUR/USD Sinks After Release of Nonfarm Payrolls
- EUR/USD Little Changed in Subdued Trade
- EUR/USD Ends Consolidation Period with Move Down
- EUR/USD Declines After Encouraging US Data
- EUR/USD Erases Three Days of Gains
- Majority of US Reports Bad, Dollar Falls vs. Euro
2015
- EUR/USD Falls for First Day in Four
- EUR/USD Struggles to Rally
- EUR/USD Falls, Losses Limited
- EUR/USD Reverses Thursday’s Gains
- EUR/USD Slows Advance
- Dollar Extends Bounce
- EUR/USD Falls After Yellen’s Comments, Trims Losses Later
- EUR/USD Maintains Rally Ahead of FOMC Week
- EUR/USD Fails to Extend Rally
- EUR/USD Falls on Good US Data, Rises on Poor Sentiment
- EUR/USD Bounces After Three-Day Decline
- EUR/USD Heads to Biggest Weekly Loss Since May
- EUR/USD Recovers After Sharp Drop
- Dollar Pares Gains Despite Supportive Data
- Third Session of Gains for EUR/USD
- Second Day of Losses for EUR/USD
- EUR/USD Retreats, Erasing Session Gains
- EUR/USD Struggles to Keep Going Upward
- EUR/USD Recovers as US GDP Slows in Q4
- Dollar Gains on Euro, Ignoring Negative Reports
- EUR/USD Starts Week with Small Gain
- EUR/USD Remains Flat
- EUR/USD Stable After US GDP Disappoints
- EUR/USD Pushed Down by Poor US Fundamentals
2014
- EUR/USD Continues Rally to New Lows
- Dollar Gains as Industrial Production Expands
- Dollar Retreats After Wave of Reports
- US Economic Data Helps Dollar
- Dollar Gains on Euro for Third Session
- Prospects for Bigger Stimulus from ECB Hurt EUR/USD
- Dollar Is Gaining on Strong GDP Numbers
- EUR/USD Gains, Ignoring Positive US Data
- EUR/USD Lacks Direction
- EUR/USD Rises on Poor TIC Flows and Consumer Sentiment
- NFP Disappoint, EUR/USD Surges Erasing Weekly Losses
- EUR/USD Drops, Makes Up Losses
- EUR/USD Heads to Monthly Gain
- EUR/USD Reverses Gains Despite US Data Being Poor
- EUR/USD Jumps, Erasing Weekly Loss
- Talks About ECB Stimulus Persist, EUR/USD Trades Sideways
- EUR/USD Starts Week Without Clear Direction
- The Fall of EUR/USD Unaltered by Macroeconomic Data
- EUR/USD Halts Decline, Unsure Where to Go
- EUR/USD Pares Losses as US Consumer Confidence Falls
- EUR/USD Jumps on Smaller Prospects for Additional Stimulus
- Dollar Extends Losses as Industrial Production Contracts
- EUR/USD Extends Losses as Eurozone Inflation Unexpectedly Slows
- US Housing Data Does Not Prevent Drop of EUR/USD
2013
- EUR/USD Moves Higher for Second Session
- NFP Surprises Positively, EUR/USD Reaction Surprises Too
- US & European Fundamentals Battle for Control of EUR/USD
- Another Surprise: Nonfarm Payrolls Surges
- EUR/USD Flat, Trades Near Record Since 2011
- EUR/USD Turns Up as US Consumer Sentiment Worsens
- EUR/USD Reverses Losses
- EUR/USD Drops Despite Negative US Fundamental Reports
- EUR/USD Drops with Slower Pace as Fears Ease
- EUR/USD Rises as US Data Leaves Sour Taste
- EUR/USD Down, Traders Wait for FOMC Meeting
- EUR/USD Fails to Recover on Higher US PPI
- EUR/USD Gains on Positive European Reports, Erases Rally Later
- First Drop of EUR/USD This Week
- EUR/USD Tanks as European Fundamentals Disappoint
- EUR/USD Trickles Down
- EUR/USD Struggles to Rally as US GDP Trails Forecasts
- EUR/USD Rebounds After Release of Poor US Economic Data
- EUR/USD Maintains Yesterday’s Gains During Holiday
- EUR/USD Rises as Traders Anticipate Stimulus to Persist
- EUR/USD Drops as Fundamentals Spark Risk Aversion
- EUR/USD Flat as G20 Meeting Proceeds
- Positive US Data Propels EUR/USD to Highest Since 2011
- EUR/USD Erases Gains Even amid Favorable Fundamentals
2012
- EUR/USD Halts Rally amid Deadlock in US Political Negotiations
- EUR/USD Drops on Growth Forecast, Trims Losses on US Payrolls
- EUR/USD Gains as Finance Ministers Talk About Greece
- EUR/USD Drops for Third Day as Economic Conditions Worsen
- EUR/USD Erases Losses on US Economic Growth
- EUR/USD Up for Second Day
- EUR/USD at 4-Month High
- EUR/USD Picks Up as Bernanke Says Stimulus is Possible
- US Consumer Confidence & Leading Index Up, EUR/USD Down
- US Economic Growth Slows, EUR/USD Rallies for Third Day
- EUR/USD Rises as Italy Sells Debt Successfully
- EUR/USD Surges as Summit Boosts Optimism of Traders
- EUR/USD Down Ahead of Greek Elections
- EUR/USD Fluctuates as Greece is Still Factor of Uncertainty
- EUR/USD Recovers After S&P Downgrades Spain
- EUR/USD Falls on Rising Spanish Borrowing Costs
- EUR/USD Rallies on Increase of Bailout Fund, Can It Keep Gains?
- EUR/USD Rises as US Data Worse Than Expected
- EUR/USD Jumps to More than Two-Month Record
- EUR/USD Slips as Greece Doesn’t Receive Rescue
- EUR/USD at Highest Since December 13
- EUR/USD Drops to Lowest Since August 2010
2011
- EUR/USD Drops on Positive Developments in USA
- EUR/USD is Waiting for Outcome of Summit
- EUR/USD Slumps After German Bond Auction
- EUR/USD Down as Market Sentiment Remains Unfavorable
- Optimism Leaves FX Market, EUR/USD Down
- G20 Meeting Started, Bolstering EUR/USD
- EUR/USD Goes Down on US Statistics and Global Pessimism
- Optimism About Europe Wanes, EUR/USD Down
- EUR/USD Erases Gains After Bernanke Speech
- Mixed US Fundamentals Leave EUR/USD Without Clear Trend
- EUR/USD Surges as US Economic Output Increases Too Slowly
- Weakening US Economy Can’t Help EUR/USD Stop Decline
- EUR/USD Drops for First Time in Five Days
- EUR/USD Jumps as EU Leaders Reach Agreement on Greece
- EUR/USD Rises on Poor US Pending Homes Sales, Gains Limited by Consumer Sentiment
- US Consumer Sentiment Improves, EUR/USD Erases Gains
- EUR/USD Growth Reverses on Dollar-Positive News
- EUR/USD Falls as Moody’s Downgrades Ireland’s Credit Rating
- EUR/USD Falls After EU Summit & Portugal’s Downgrade
- EUR/USD Regains Strength
- EUR/USD Drops as US Economy Improves
- EUR/USD Declines on Egyptian Unrest
- EUR/USD Snaps Rally on Good US GDP & Consumer Sentiment
- US Inflation Data Helps Euro, Not Dollar
2010
- EUR/USD Erases Gains as Fitch Downgrades Hungary’s Rating
- EUR/USD Fluctuates, Heading to Weekly Drop
- EUR/USD Rebounds as Demand for Safety Wanes
- EUR/USD Trades Near Opening Level, Reports from US are Good
- EUR/USD Tumbles Despite More Signals About Easing
- Second Day of Better-Than-Expected Data from US, EUR/USD Up
- EUR/USD Fluctuates on Mixed Economic Reports from US
- EUR/USD Down on US GDP Report
- EUR/USD Resumes Decline After Surge on GDP
- Mixed Economic Reports Causes Volatility of EUR/USD
- EUR/USD Trades Near Opening Level After Reaching 2-Month High
- EUR/USD Experience Volatility on Mixed Macroeconomic Data
- EUR/USD Rose, Fell and Now Returned to Where It Started
- Volatile Moves of EUR/USD Caused by Bad News for Euro & Dollar
- EUR/USD Halts Growth After Bad U.S. GDP Report
- EUR/USD Falls on European Problem and Improved U.S. Housing
- EUR/USD Recovers Strongly on Mixed Economic News
- EUR/USD at Monthly High Before Retail Sales Report
- Dollar Down Despite GDP Increase
- Dollar Continues to Advance on GDP Growth
- EUR/USD Down on China Lendings, Greek Deficit
2009
- EUR/USD at New Max Since August 2008
- EUR/USD Shows Record Weekly Fall Since April
- EUR/USD Grows on Consumer Sentiment, Ignores Housing
- EUR/USD Grows Positive Income/Spending Data
- EUR/USD Demonstrates Fastest Gain in 3 Weeks
- EUR/USD Ends Week Just a Bit Above Open Level
- EUR/USD Drops Extraordinarily Fast, Fundamental News Don’t Change Anything
- Dollar Continues to Gain as GDP Falls in 4th Quarter
2008
- EUR/USD Trades in the Undecided Mood for Second Day
- Abundance of Fundamental Reports from U.S. Causes EUR/USD to Correct
- Dollar Returns to Bullish Trend Despite Previous Losses
- Dollar Trembles as GDP Report Show 0.5% Less
- Dollar Gains on Better Orders, Housing, Consumer Confidence
- Dollar Falls on Trade Balace and Budget Deficit Decrease
- Dollar Stalls against Euro Today
- Personal Income Sends Dollar Up
- Not a Single Day Without Dollar’s Antirecord
- Dollar a Bit Stronger at the Week’s End
- Falling Nonfarm Payrolls Fail to Support EUR/USD
- EUR/USD Down for 4th Day