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- US: CB Consumer Confidence Index improves to 109.7 in June
US: CB Consumer Confidence Index improves to 109.7 in June
- Consumer sentiment in the US strenghtened in June.
- US Dollar Index stays in negative territory near 102.50.
Consumer sentiment in the US improved in June with the Conference Board's Consumer Confidence Index rising to 109.7 from 102.5 in May (revised from 102.3).
Further details of the publication revealed that the Present Situation Index rose to 155.3 from 148.9 and the Consumer Expectations Index climbed to 79.3 from 71.5.
Finally, the one-year consumer inflation expectations stood virtually unchanged at 6% in June.
Market reaction
The US Dollar Index stays in negative territory at around 102.50 after this data.
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