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U.S. CB Consumer Confidence

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U.S. CB Consumer Confidence

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Status

 
Latest Release
Mar 26, 2024
Actual
104.7
Forecast
106.9
Previous
104.8
Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Importance:
Country:
Currency: USD
Source: Conference Board
U.S. CB Consumer Confidence
 
Release Date Time Actual Forecast Previous
Apr 30, 2024 (Apr) 10:00     104.7
Mar 26, 2024 (Mar) 10:00 104.7 106.9 104.8
Feb 27, 2024 (Feb) 11:00 106.7 114.8 110.9
Jan 30, 2024 (Jan) 11:00 114.8 114.2 108.0
Dec 20, 2023 (Dec) 11:00 110.7 103.8 101.0
Nov 28, 2023 (Nov) 11:00 102.0 101.0 99.1

News

Dollar slips ahead of key PCE release; euro bounces
Dollar slips ahead of key PCE release; euro bounces By Investing.com - Mar 26, 2024

Investing.com - The U.S. dollar edged lower in European trade Tuesday, in limited volatility after the excitement of last week’s central bank meetings and ahead of the release of key inflation data...

Analysis

CB Consumer Confidence Discussion

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All Comments (47)
Mohamed yassine Belatar
Mohamed yassine Belatar Dec 20, 2023 1:10PM ET
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Hi, "A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD." Is expected reading mean Forecast value ?
AIM Investor Journal
AIM_IJ Apr 26, 2023 7:15AM ET
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Consumer confidence data fell to a nine-month low raising fears that the U.S. economy is heading towards recession in the second half of the year.
Jake Bakat
Jamen1980 Jul 26, 2022 11:04PM ET
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this readiing is not good for USD. People spend less. What means lesss inflation.  less investors will be buying $ to purchase treasuries
Aadil Hussain
Aadil Hussain Jul 26, 2022 11:51AM ET
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consumer confidence report is positive for usd or Negative???? if negative then why usd bullish??? i think these report are fake////
Jake Bakat
Jamen1980 Jul 26, 2022 11:51AM ET
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if higher than expected it means consumers are spending more and FED has to rise rate what means UP for $
Ibrahim Aregbesola
Ibrahim Aregbesola Sep 29, 2020 10:11AM ET
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this is crazy! how on earth is the news super positive and USD is still weak, crazy manipulation of all time
Steves View
Steves View Sep 29, 2020 10:04AM ET
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Everyone stuck in House. Only Food Shopping been staple. Where are these reports coming from". Mars!!!!
GIVEN II
GIVEN II Sep 28, 2020 3:55PM ET
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nas100 is recovering from its drop
Max Ss
Max98 Oct 29, 2019 11:09AM ET
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Fake report. Doesn't matter what report says, only what Trump says matters obviously. Numbers were negative, below forecast and below previous value, then trump tweets and market goes up.
mark vincent
mark vincent Aug 27, 2019 3:30AM ET
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UP, fake news has a negative influence on the forecast.....
Kris GE
Kris GE Dec 27, 2018 12:39PM ET
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What a *******s$$t manipulation. Markets traded by algos, and for algos. Consumer has been just fine. But there is nothing else that makes money like installing lots of fear.
 
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