- Consumer spending falls to 3.0% from an earlier 3.5% reading
- Business investment revised to 2.2% from 3.1% previously
- The PCE price index rose to 1.6% from 1.5%
A disappointing set of figures, especially as Q2 is shaping up to be softer.
EUR/USD has pulled back to 1.2283, Dealers report sovereign buying in the 1.2250/70 area on dips.
