wrapper

Consumer Confidence rose more than expected

Friday, Jan 16 2015
While analysts were anticipating incline to 94.2 points, Prelim UoM reading on Consumer Sentiment showed incline to 98.2 points. This is the highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for U.S. households. 
 
“Gains in employment and incomes as well as declines in gas prices were cited by record numbers of consumers,” Richard Curtin, director of the Michigan Survey of Consumers, said in a statement. “More consumers spontaneously cited increases in their household incomes in early January than any time in the past decade.”
 
After the data USD gained few points. Euro is currently being traded around 1.1540 area, Sterling is few points above 1.5150 level, while Aussie is slightly below 0.8190 area. 
More in this category: « Industrial Production down by 0.1% New Motor Vehicle Sales up by 3.0% »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.