Tuesday USD News Update

Source The Conference Board Inc. (latest release)

Measures Level of a composite index based on surveyed households;

Usual Effect'Actual' greater than 'Forecast' is good for currency;

Frequency Released monthly, on the last Tuesday of the current month;

Next Release Oct 29, 2019

Why Traders Care Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Derived Via Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation;

Acro Expand The Conference Board (CB);