CB Consumer Confidence Index rises in September

Consumer sentiment in the United States has continued to improve throughout September, meanwhile, the US Dollar Index rebounded to the 114.205 area with the initial reaction to the data.

With the initial reaction, the US Dollar Index extended its recovery and was last seen posting small daily losses at 114.02.

Tuesday’s data published by the Conference Board revealed that the Consumer Confidence Index rose to 108.00 in September versus the previous reading of 103.6 in August.

Additional details of the publication revealed that the Consumer Present Situation Index climbed to 149.6 from 145.3 and the Consumer Expectation Index rose to 80.3 from 75.8. Finally, the 1-year Consumer Inflation Rate Expectations declined to 6.8% from 7%.