U.S CB Consumer Confidence sharp decline 95.2 Vs 102.5 Forecast , USD falls !!!

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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 US Conference Board (CB) Consumer Confidence fell to 95.2 , from 101.4  in the previous  month , analysts had expected US Consumer Confidence  to rise to 102.5 last month .

This development should keep the US dollar under under pressure , recommendations remain selling US dollar on recovery …

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