3:01 PM · 31 October 2023

BREAKING: EURUSD drops below 1.06 after Conference Board data

The Conference Board released the consumer confidence index for October at 2:00 pm GMT today. Headline index was expected to deteriorate from 103.0 in September to 100.1 in October. Actual report turned out to be better-than-expected. While the headline index indeed deteriorated compared to September, the drop was only to 102.6. USD gained following the release with EURUSD moving below 1.06 mark

EURUSD dropped below 1.06 mark after better-than-expected Conference Board index for October. Source: xStation5

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