US Consumer Confidence declines in November

The Conference Board published fresh Consumer Confidence Index data on Tuesday showing a decline to 100.2 in November from (revised from 102.5) 102.2 in October.

Similarly, the Present Situation Index edged lower to 137.4 versus the previous reading at 138.9. in addition, the Expectations Index fell to 75.4 from 78.1 in the same period. Finally, the one-year inflation rate expectations rose to 7.2% from 6.9% in October.

These figures do not seem to bring about a obvious impact on the performance of the US Dollar against its rival currencies. At the time of writing, the US Dollar Index is changed into the 106.465 versus the previous closing rate at 106.664.