3:07 PM · 22 December 2021

BREAKING: USD weakens after Consumer Confidence data

US Conference Board Consumer Confidence index increased to 115.8 in December, from the previous month 109.5 and compared to market expectations of 110.5.

Further details of the publication:

Consumer confidence 115.8 is the best level since July
Present situation 144.1 down from 144.4
Expectations 96.9 versus 90.2

EURUSD broke above upper limit of the wedge formation and is current sentiment prevails then resistance level at 1.1355 may be at risk. Source:xStation5

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