EUR/USD bounces after fresh lows

The EUR/USD found interim support and halted the decline after hitting the 50-hour SMA, recovering slightly from losses incurred in the wake of risk aversion.
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US Reuters/Michigan Consumer Sentiment improves more than expected in April

The Reuters/Michigan Consumer Sentiment Index preliminary data, the most notable release on today's economic calendar, grew to 82.6 in April from 80 in March, beating expectations of a rise to 81. It's the highest level seen by the indicator since June 2013, when it stood at 85.1.
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