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US consumer confidence in June turns better than forecast


June, 30 2020
watermark Economic news

According to analysts at Conference Board, the US Consumer Confidence Index in June rose to 98.1 points from a revised May figure of 85.9 points. Analysts had forecast an increase to 91.8 points from an initial May value of 86.6 points.


The US economic expectations index in June rose to 106 points from a revised May figure of 97.6 points. The initial indicator of the previous month was 96.9 points.


The economic conditions index in the reporting month rose to 86.2 points from the revised May value of 68.4 points. The initial figure last month was 71.1 points.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.