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forex CB consumer confidence index

The most important news of the day for the U.S. dollar is CB Consumer Confidence, which is a composite index obtained by administering questionnaires to 5,000 families, to which questions are asked about their current and future economic conditions, concern in particular the work and their ability spending. This indicator is great for measuring consumer confidence,consumers more trust about economy and more likely to spend it money. Analysts expect a level of 53.7, in line with the value of the previous month, a better data lead to the strengthening of the dollar, otherwise to its weakening.

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