CB Consumer Confidence causes minor move

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The publication of the US Consumer Board Consumer Confidence index has caused a minor market reaction, despite the survey results showing a bleak picture.

The survey results were forecast to show a positive future outlook with a reading of 103.9. However, actual survey results showed a reading of 98.7.

The US Dollar index reacted to the news by declining just 28 base points, or -0.28%.

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