US consumer confidence »

  • H.S. Borji

    US consumer confidence declined sharply in November, giving back October’s gains as optimism about the short-term outlook waned. The Conference Board’s monthly gauge of consumer confidence declined to 88.7 in November, easing off October’s seven-year high of 93.7. Economists forecast an increase to 96.0. November was the second time in seven months consumer confidence had

  • H.S. Borji

    US consumer confidence rebounded sharply in October after plunging a month earlier, as brighter assessments of the short-term outlook and labour market boosted sentiment. The Conference Board’s monthly gauge of consumer confidence rose to a seven-year high of 93.7 in October, following an upwardly revised drop to 89.0 the previous month. Economists forecast a reading

  • H.S. Borji

    US consumer confidence advanced for a fourth consecutive month, as improving business conditions and strong employment growth boosted consumers’ assessment of the current climate. The Conference Board’s monthly gauge of consumer confidence increased in August to 92.4 from 90.3. Economists forecast a slight dip to 89. The August reading was the highest since October 2007.

  • H.S. Borji
    Forex » Strong Data Releases Boost US dollar
    H.S. Borji - June 24, 2014, 16:12 GMT

    The US dollar was higher Tuesday after consumer confidence rose to its highest level in more than six years and new home sales surged at a double-digit pace. The US dollar index, a broad gauge of the greenback’s performance against six peers, climbed 0.15 percent to 80.39. The index has declined 0.3 percent since June

  • The US dollar remained elevated Tuesday, but failed to capitalize on a spate of upbeat economic data pointing to a stronger recovery in the second quarter. The US dollar index, a weighted average of the greenback’s performance versus six commonly traded peers, was at 80.36, relatively unchanged from the previous close of 80.39. The US

  • Forex » US Dollar looks Vulnerable
    May 16, 2014, 16:20 GMT

    Signs the US dollar will continue to face downward pressure are escalating, erasing hope 2014 would be the year the world’s most actively trade currency came climbing back. The outlook on the dollar is blurry, as the global financial markets weigh economic developments in the US against the emerging threat of the Japanese yen. According

  • US consumer confidence will be put to the test this week, as reports on retail sales and consumer sentiment are scheduled for release. The Commerce Department on Tuesday will release April retail sales data. Retail revenues increased 0.4 percent in April, following a 1.1 percent rebound the prior month that was the strongest since September

  • US consumer confidence rose more than forecast this month, as brighter job prospects and a stronger outlook helped boost sentiment after a long winter. The University of Michigan’s consumer sentiment index increased from 80 to 82.6 in April, a nine-month high, the preliminary reading showed today. Economists forecast a slight gain to 81. Consumer sentiment

  • Consumer confidence in economic activity fell to a six-month low in October, as the 16-day government shutdown has left many Americans concerned about the country’s future outlook. “Consumer confidence deteriorated considerably as the federal government shutdown and debt-ceiling crisis took a particularly large toll on consumers’ expectations,” said Lynn Franco of The Conference Board. The