4:20 PM · 27 February 2024

BREAKING: Conference Board index from the US clearly below forecasts 📊Dollar loses

The consumer sentiment index reading according to the Conference Board in the USA indicated 106.7 points, compared to a forecast of 115 and a revised upward figure from 110.9 to 114.8.

The regional Richmond Fed index performed better than forecasts, indicating -5 points, compared to the expected -9 and the previous -15 points.

The dollar index quickly erased its initial downward reaction. Bulls are attempting to rise again to the level of 103.8, despite generally weaker economic readings from the USA today.

Source: xStation 5

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