- The US CB Consumer Confidence Index declined in January.
- The US dollar indexes the daily profit below 108.00 below 108.00.
Consumer spirit in the US deteriorated in January, the Conference Board (CB) decreased from 109.5 to 104.1 to 104.1 in December with the Consumer Confidence Index.
In this period, the current status index fell 9.7 points to 134.3 and the expected index fell to 83.9.
Assessing the findings of the survey, “The idea of the current labor market situation first fell for the first time since September, while the assessment of commercial conditions for the second month in a row weakened,” Dana M. Peterson said, the chief economist of the conference board said.
Peterson said, “Meanwhile, the consumer was less optimistic about future business conditions and to some extent, income. The return of pessor about future employment prospects in December was confirmed in January.”
Market reaction
The US dollar index ignored the report to a great extent and was last seen growing 0.42% a day at 107.87.
