CB Consumer Confidence Index in US rose in January. US Dollar Index edges lower toward 90.00 after the data. Consumer confidence in the US improved modestly in January with the Conference Board’s Consumer Confidence Index rising to 89.3 from 87.1 (revised from 88.6) in December. This reading came in slightly better than the Reuters’ estimate of 89. Further details of the publication showed that the Present Situation Index declined to 88.4 from 87.2 and the Consumer Expectations Index edged higher to 92.5 from 87. Finally, the One-year Consumer Inflation Rate Expectations declined to 5.8% from 6%. Market reaction The US Dollar Index remains under bearish pressure after this report and was last seen losing 0.25% at 90.17. 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 GBP/USD back above 1.3700 as risk appetite recovers FX Street 1 year CB Consumer Confidence Index in US rose in January. US Dollar Index edges lower toward 90.00 after the data. Consumer confidence in the US improved modestly in January with the Conference Board's Consumer Confidence Index rising to 89.3 from 87.1 (revised from 88.6) in December. This reading came in slightly better than the Reuters' estimate of 89. Further details of the publication showed that the Present Situation Index declined to 88.4 from 87.2 and the Consumer Expectations Index edged higher to 92.5 from 87. Finally, the One-year Consumer Inflation Rate Expectations declined to 5.8% from 6%. Market reaction The US Dollar… 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.
