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US: UoM Consumer Confidence Index drops to 97.9 in June (preliminary) vs. 98 expected

The University of Michigan’s Consumer Confidence Index fell to 97.9 in June’s preliminary reading from 100 in May and came in slightly worse than the market expectation of 98. The US Dollar Index, which tracks the dollar’s value against a basket of six major currencies, didn’t pay attention to the data and was last seen adding 0.25% on the day at 97.27.

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