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…….
