MARKET OVERVIEW AT THE LONDON CLOSE

The US dollar is currently trading higher against the majority of its major counterparts on Tuesday following all-important CB Consumer Confidence data, which came in at 90.9, beating market expectations of 85.3, up from its previous level of 85.2 month on month. Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Also ...

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Forex in the news

S&P composite misses expectations

The US S&P/CS HPI Composite - 20, released on Tuesday came in at 9.3%, missing market expectations of 10.0%, down from its previous level of 10.8% year on year. At 2:13pm: Story provided by ForexWire.com

USD maintains higher position ahead of S&P composite data

the US dollar is currently trading positively against the majority of its major counterparts on Tuesday ahead of the release of the US S&P 500 HPI Composite which is expected to slow to 10.0% from its previous level of 10.8% year on year, rising to 1.5% from 1.1% month on month. The S&P/Case-Sheller House Price Index measures the change in the selling price of single-family homes in 20 ...

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