US: Consumer Confidence surprises and jumps to 68.1 in April

The EUR/USD keeps on moving higher and its rally has reached 1.3150 already as investors prepare themselves for tomorrow’s FOMC, Thursday’s tight ECB decision and Friday’s US NFP report. The Conference Board has reported a much better than expected consumer confidence in April, with an improvement from 61.9 (revised from 59.7) to 68.1, instead of a move to 60.8 as expected. Confidence is at its highest in 2013, above February’s figure of 68.0.