US CB Consumer Confidence edges higher to 92.8 in April
Source Fxstreet
- CB Consumer Confidence rose to 92.8 in April.
- The US Dollar Index stays in positive territory above 98.50.
Consumer sentiment in the United States (US) improved slightly in April, with the Conference Board's (CB) Consumer Confidence Index rising to 92.8 in April from 92.2 in March.
"The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—retreated by 0.3 points to 123.8," the CB noted in its press release. "The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—rose by 1.2 points to 72.2."
Market reaction
This report failed to trigger a noticeable market reaction. At the time of press, the US Dollar Index was up 0.25% on the day at 98.74.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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