In the last 4 hours, we are facing a strengthening of the dollar, the reason are inside some negative news for the pound, which has reported a trade balance of -8.5B and a GDP of -2.4%, the volatility in the forex markets is high. CHICAGO Pmi and CB Consumer Confidence are news for the dollar that today can move the market very fast. Cb CONSUMER CONFIDENCE is a news oh high impact, where analysts expect a value of 55.4, an improvement since the last period. Consumer confidence will be released at 10:00 am, if the forecasted value is confirmed the postive trend about the confidence of the present and future on the economy, it can push the dollar to a real strengthening.
dollar news forex market
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