Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaUS consumer confidence will be announced at 5:00 MT (GMT+3) on Tuesday, July 27.
This indicator reflects consumer spending, which accounts for most of the overall economic activity. In other words, it shows how much money consumers spend during the reference month compared with the previous one.
The Conference Board Consumer Confidence Index improved further in June, following gains in each of the previous four months. The Index now stands at 127.3, up from 120.0 in May. The Present Situation Index — based on consumers' assessment of current business and labor market conditions — rose from 148.7 to 157.7. The Expectations Index — based on consumers’ short-term outlook for income, business, and labor market conditions — improved to 107.0, up from 100.9 last month.
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