CB Consumer Confidence Index falls short of market expectation in November. US Dollar Index ignores the data, continues to push higher. The consumer confidence deteriorated slightly in November with the Conference Board’s Consumer Confidence Index declining to 125.5 from 126.1 in October and falling short of the market expectation of 126.1. Furthermore, the Present Situation Index fell to 166.9 from 173.5. Despite the disappointing reading, the US Dollar Index is now up 0.07% on the day at 98.35. Commenting on the data, “consumer confidence declined for a fourth consecutive month, driven by a softening in consumers’ assessment of current business and employment conditions,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. 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 AUD/USD to edge down towards 0.65 on a 12-month view Rabobank FX Street 3 years CB Consumer Confidence Index falls short of market expectation in November. US Dollar Index ignores the data, continues to push higher. The consumer confidence deteriorated slightly in November with the Conference Board's Consumer Confidence Index declining to 125.5 from 126.1 in October and falling short of the market expectation of 126.1. Furthermore, the Present Situation Index fell to 166.9 from 173.5. Despite the disappointing reading, the US Dollar Index is now up 0.07% on the day at 98.35. Commenting on the data, "consumer confidence declined for a fourth consecutive month, driven by a softening in consumers' assessment of current business… 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.
