US: CB Consumer Confidence Index rises to 108.00 in September
|- Consumer sentiment in the US continued to improve in September.
- US Dollar Index rebounded to the 114.00 area with the initial reaction to the data.
The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index rose to 108.00 in September from 103.6 in August (revised from 103.2).
Further details of the publication revealed that the Consumer Present Situation Index climbed to 149.6 from 145.3 and the Consumer Expectation Index rose to 80.3 from 75.8. Finally, the 1-year Consumer Inflation Rate Expectations declined to 6.8% from 7%.
Market reaction
With the initial reaction, the US Dollar Index extended its recovery and was last seen posting small daily losses at 114.02.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.