Data released on Tuesday, showed a decline in the Consumer Confidence Index in July. Analysts at Wells Fargo, point out in July as the COVD-19 flared up again, consumer confidence fell, the inverse of June, when confidence rose amid falling case counts early on. Key Quotes: “Consumer confidence tumbled from 98.3 in June to 92.6 in July undoing some of the rebound we had seen off the lows in April and May. Present situations rose to 94.2, but expectations fell.” “New cases of COVID-19 flared up during July particularly in a handful of southern and western states. When we look at confidence in those places we can see the same relationship holds.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum Price Prediction: ETH/USD is eying up $400 after a convincing breakout FX Street 3 years Data released on Tuesday, showed a decline in the Consumer Confidence Index in July. Analysts at Wells Fargo, point out in July as the COVD-19 flared up again, consumer confidence fell, the inverse of June, when confidence rose amid falling case counts early on. Key Quotes: “Consumer confidence tumbled from 98.3 in June to 92.6 in July undoing some of the rebound we had seen off the lows in April and May. Present situations rose to 94.2, but expectations fell.” “New cases of COVID-19 flared up during July particularly in a handful of southern and western states. When we look at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
