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.
Usual Effect: A high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.
Frequency: Released monthly, on the last Tuesday of the current month.
Last Read :91.0
Expectations : 93.2
Actual : 92.6
Volatility : high…
Market Impact : The US dollar is expected to make a small decline before the next rise ..
Recommendations : buy USD on dips …