Reuters/Michigan consumer sentiment index jumps to 98.2

FXStreet (Córdoba) - Reuters/Michigan consumer sentiment index rose to 98.2 in January, according to preliminary estimates, recording its highest level in more than 10 years.

The index rose 4.6 from a final December reading of 93.6, also beating market’s consensus of 94.1.

EUR/USD hits fresh 11-year low

The euro extended losses to fresh 11-year lows versus the dollar Friday, as increasing bets the ECB will announce a QE program and decent US data, put the pair under renewed pressure.
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