US CB Consumer Confidence Index eases to 89.4 in August
- The US CB Consumer Confidence Index recedes a tad in August.
- The US Dollar Index trades without clear direction near 99.00.
US consumer sentiment loses some momentum in August, as the Conference Board’s Consumer Confidence Index recedes to 89.4 from July’s 90.2 (revised from 90.8).
“Consumer confidence moderated slightly in August for a second consecutive month. The Expectations Index slipped further into negative territory, which was offset by a moderate rise in the Present Situation Index after declining in the past three months. Consumer appraisals of current business conditions were mildly positive. Perceptions of the current labor market improved, reversing three months of moderate decline," said Dana M. Peterson, Chief Economist at The Conference Board.
Market reaction
The US Dollar (USD) now alternates gains with losses near the 99.00 region as investors continue to closely follow developments from the Middle East, all ahead of Chair Warsh’s speech at the Jackson Hole Symposium on Friday.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.07% | -0.08% | 0.08% | -0.06% | -0.11% | -0.10% | -0.02% | |
| EUR | 0.07% | 0.00% | 0.13% | -0.00% | -0.03% | -0.04% | 0.05% | |
| GBP | 0.08% | -0.00% | 0.15% | 0.00% | -0.01% | -0.04% | 0.06% | |
| JPY | -0.08% | -0.13% | -0.15% | -0.15% | -0.19% | -0.21% | -0.10% | |
| CAD | 0.06% | 0.00% | -0.00% | 0.15% | -0.04% | -0.05% | 0.06% | |
| AUD | 0.11% | 0.03% | 0.01% | 0.19% | 0.04% | -0.01% | 0.07% | |
| NZD | 0.10% | 0.04% | 0.04% | 0.21% | 0.05% | 0.01% | 0.10% | |
| CHF | 0.02% | -0.05% | -0.06% | 0.10% | -0.06% | -0.07% | -0.10% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
