U.S CB Consumer Confidence Rises 101.4 In June, Mixed Market !

forex sales
forex sales

Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.

The U.S CB Consumer Confidence rose 101.4 , from 94.6  in the previous month, U.S CB Consumer Confidence was expected to rise to 97.3 last month.

Market Impact : I think it’s varies from pair to pair ;

EURUSD : you can buy it on dips..

GBPUSD : Sideways move is suggested..

USDJPY : Sell on recovery..

USDCHF : Sideways move is likely..

AUDUSD : Short around resistance..

USDCAD : Buy the pair ..

NZDUSD : Sell on recovery…….