CB Consumer Confidence Index jumped above 100 in March. US Dollar Index clings to strong daily gains around 93.30. Consumer confidence in the US improved sharply in March with the Conference Board’s Consumer Confidence Index rising to 109.7 from 90.4 in February. This reading beat the market expectation of 96.9 by a wide margin. Further details of the publication showed that the Present Situation Index jumped to 110 from 89.6 and the Consumer Expectations Index climbed to 109.7 from 90.4. Finally, the One-year Consumer Inflation Rate Expectations edged higher to 6.7% from 6.5%. Market reaction The US Dollar Index showed no immediate reaction to this report and was last seen gaining 0.4% on the day at 90.31. 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 Silver drops sharply below 200DMA towards $24.00 level FX Street 8 months CB Consumer Confidence Index jumped above 100 in March. US Dollar Index clings to strong daily gains around 93.30. Consumer confidence in the US improved sharply in March with the Conference Board's Consumer Confidence Index rising to 109.7 from 90.4 in February. This reading beat the market expectation of 96.9 by a wide margin. Further details of the publication showed that the Present Situation Index jumped to 110 from 89.6 and the Consumer Expectations Index climbed to 109.7 from 90.4. Finally, the One-year Consumer Inflation Rate Expectations edged higher to 6.7% from 6.5%. Market reaction The US Dollar Index showed… Top 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.
