UoM Consumer Sentiment Index drops to 55.4 in September vs. 58 forecast
The post UoM Consumer Sentiment Index drops to 55.4 in September vs. 58 forecast appeared on BitcoinEthereumNews.com. Consumer confidence in the US deteriorated further in September, with the University of Michigan’s Consumer Sentiment Index dropping to 55.4 in its preliminary estimate from 58.2 in August. This reading came in worse than the market expectation of 58. Other details of the publication showed that the Consumer Current Conditions Index edged lower to 61.2 from 61.7, while the Consumer Expectations Index declined to 51.8 from 55.9. Finally, the 1-year Consumer Inflation Expectation remained unchanged at 4.8% and the 5-year Inflation Expectation rose to 3.9% from 3.5%. Market reaction to UoM Consumer Sentiment Index data The US Dollar (USD) Index retreated from session highs after this report and was last seen gaining 0.2% on the day at 97.70. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.08% -0.37% -0.41% 0.07% -1.34% -0.99% -0.19% EUR 0.08% -0.30% -0.26% 0.14% -1.25% -0.87% -0.11% GBP 0.37% 0.30% -0.04% 0.45% -0.95% -0.57% 0.20% JPY 0.41% 0.26% 0.04% 0.41% -0.95% -0.73% 0.24% CAD -0.07% -0.14% -0.45% -0.41% -1.31% -1.01% -0.26% AUD 1.34% 1.25% 0.95% 0.95% 1.31% 0.39% 1.16% NZD 0.99% 0.87% 0.57% 0.73% 1.01% -0.39% 0.77% CHF 0.19% 0.11% -0.20% -0.24% 0.26% -1.16% -0.77% 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). This section below was published as a preview of the University of Michigan’s Consumer…
The post UoM Consumer Sentiment Index drops to 55.4 in September vs. 58 forecast appeared on BitcoinEthereumNews.com.
Consumer confidence in the US deteriorated further in September, with the University of Michigan’s Consumer Sentiment Index dropping to 55.4 in its preliminary estimate from 58.2 in August. This reading came in worse than the market expectation of 58. Other details of the publication showed that the Consumer Current Conditions Index edged lower to 61.2 from 61.7, while the Consumer Expectations Index declined to 51.8 from 55.9. Finally, the 1-year Consumer Inflation Expectation remained unchanged at 4.8% and the 5-year Inflation Expectation rose to 3.9% from 3.5%. Market reaction to UoM Consumer Sentiment Index data The US Dollar (USD) Index retreated from session highs after this report and was last seen gaining 0.2% on the day at 97.70. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.08% -0.37% -0.41% 0.07% -1.34% -0.99% -0.19% EUR 0.08% -0.30% -0.26% 0.14% -1.25% -0.87% -0.11% GBP 0.37% 0.30% -0.04% 0.45% -0.95% -0.57% 0.20% JPY 0.41% 0.26% 0.04% 0.41% -0.95% -0.73% 0.24% CAD -0.07% -0.14% -0.45% -0.41% -1.31% -1.01% -0.26% AUD 1.34% 1.25% 0.95% 0.95% 1.31% 0.39% 1.16% NZD 0.99% 0.87% 0.57% 0.73% 1.01% -0.39% 0.77% CHF 0.19% 0.11% -0.20% -0.24% 0.26% -1.16% -0.77% 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). This section below was published as a preview of the University of Michigan’s Consumer…
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