The consumer-sentiment data for February was released, and it gibes with the recently-released consumer-confidence number. Sentiment dropped to 73.6 from January's 74.4.
In addition, January home sales fell 7.2%.
The greenback and U.S. Treasury securities liked the news on receipt, but the fomer gave up its gains yet again. Gold fell down to just above $1,107 before recovering somewhat to the $1,110 level. After the dust settled, both markets seem to have taken the news in stride.
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