U.S. consumer confidence data - Ester Holdings
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U.S. consumer confidence data

  • Consumer Confidence Index CB (Dec), fact 128.1, forecast 133.7

CB Consumer Confidence in the USA slowed down unexpectedly in December, coming close to the minimum values ​​of the year, which reinforced the pessimism about the American dollar, which persists in geopolitical risks and low trading volumes.

Fig. 1. U.S. CB consumer confidence chart 

 

The US dollar index reacted restraintly to weak statistics on the US, as it remained under significant pressure from pessimism, which was also transmitted to American stock indices. Thus, the return of the dollar index under the mark of 96.70 indicates the refraction of the upward dynamics and the resumption of the pessimism about American dollar. Significant support levels are: 96.50 and 96.20-30, resistance levels are: 96.70 and 97.00.

Fig. 2. The US dollar index chart. The current price is 96.60 10-year government bonds yield is the blue line)

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