United States CB Consumer Confidence Index rose to 91.2 in June
- The US CB Consumer Confidence Index was slightly higher in June.
- The US Dollar Index picks up momentum above 101.30.
US consumer sentiment gains terrain in June, as the Conference Board’s Consumer Confidence Index rises to 91.2 from May’s 90.6 (revised from 93.1).
"Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears," said Dana M Peterson, Chief Economist, The Conference Board.
"Consumer appraisals of current business conditions were slightly more positive compared to last month. However, perceptions of the current labor market softened measurably as the percentage of consumers saying jobs were 'hard to get' rose to 22.5%, the highest level since January 2021 (22.8%). Moreover, consumers anticipate little change in the labor market six months from now. This was offset by improving expectations for business conditions and incomes."
Market reaction
The US Dollar (USD) reverses Monday’s losses, advancing near the 101.40 barrier.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.20% | 0.25% | 0.31% | 0.05% | -0.11% | -0.27% | 0.19% | |
| EUR | -0.20% | 0.06% | 0.11% | -0.19% | -0.31% | -0.48% | -0.02% | |
| GBP | -0.25% | -0.06% | 0.04% | -0.24% | -0.35% | -0.53% | -0.08% | |
| JPY | -0.31% | -0.11% | -0.04% | -0.26% | -0.43% | -0.56% | -0.13% | |
| CAD | -0.05% | 0.19% | 0.24% | 0.26% | -0.17% | -0.31% | 0.14% | |
| AUD | 0.11% | 0.31% | 0.35% | 0.43% | 0.17% | -0.14% | 0.31% | |
| NZD | 0.27% | 0.48% | 0.53% | 0.56% | 0.31% | 0.14% | 0.43% | |
| CHF | -0.19% | 0.02% | 0.08% | 0.13% | -0.14% | -0.31% | -0.43% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Author
Agustin Wazne
FXStreet
Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.
