Investing.com –U.S. consumer sentiment was unchanged in September, missing expectations for a one-point increase, according to a report published on Friday.
The preliminary publication of the data for September from the University of Michigan\'s Consumer Survey Center showed that consumer sentiment remained at 89.8 in August.
Analysts had forecast a larger increase to 90.8.
The current conditions indicator unexpectedly fell to 103.5 in September.
Analysts had expected it to advance to 107.5 from August’s reading of 107.0.
Meanwhile consumer expectations moved higher to 81.1 in September, compared to the consensus estimate of 79.3 and the previous month’s reading of 78.7.
Inflation expectations for the next 12 months dropped to 2.3% from August’s reading of 2.5%, while the five-year gauge remained stable at 2.50%.
After the report, EUR/USD was trading at 1.1173 from around 1.1174 ahead of the release of the data, GBP/USD was at 1.3103 from 1.3110 earlier, while USD/JPY was at 102.06 from 102.07 prior to the publication.
The US dollar index, which tracks the greenback against a basket of six major rivals, was unchanged at 95.86.
Meanwhile, U.S. stocks traded lower. The Dow Jones lost 97 points, or 0.53%, while the S&P 500 traded down 14 points, or 0.63%, and the tech-heavy Nasdaq Composite fell 25 points, or 0.47%.
Elsewhere, in the commodities market, gold futures traded at $1,311.95 a troy ounce, compared to $1,310.85 ahead of the data, while crude oil traded at $42.92 a barrel from $42.97 earlier.