Analysts at Wells Fargo point out that Consumer Confidence dropped in four out of the past five months, but they explain that it is still elevated by historical standards. Key Quotes: “Consumers’ confidence continued to moderate in March, with the consumer confidence index falling 7.3 points to 124.1. That puts the index 13.8 points below where it was in October””before confidence was shaken in the final two months of last year.” “The stock market selloff late last year likely played a role, and though equities have retraced some lost ground, the market related dent to confidence has yet to be fully restored.” “Confidence is also a reflection of the labor market””which remains supportive of sentiment””but is starting to show some cracks in the foundation.” 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 Fed’s Daly: Fed funds rate now at neutral FX Street 4 years Analysts at Wells Fargo point out that Consumer Confidence dropped in four out of the past five months, but they explain that it is still elevated by historical standards. Key Quotes: "Consumers' confidence continued to moderate in March, with the consumer confidence index falling 7.3 points to 124.1. That puts the index 13.8 points below where it was in October"”before confidence was shaken in the final two months of last year." "The stock market selloff late last year likely played a role, and though equities have retraced some lost ground, the market related dent to confidence has yet… 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.
