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  • US Consumer Confidence Improved Substantially in June

    From conference-board.org

    The Conference Board Consumer Confidence Index® increased in June to 109.7 (1985=100), up from 102.5 in May. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—rose to 155.3 (1985=100) from 148.9 last month. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—rose to 79.3 (1985=100) from 71.5 in May. Expectations have remained below 80—the level associated with a recession within the next year—every month since February 2022, with the exception of a brief uptick in December 2022. However, ... (full story)

good momentum to bring down eurusd (to much price manipulation in up movement)
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Probability Win = 20% Lose = 80%
But still BoJ so relax with their current currency. wht exactly they waiting for ?
Quoting BaliBoyz80
But still BoJ so relax with their current currency. wht exactly they waiting for ?
it takes forever for a decision to be made in Japan, mate.
Quoting hesron
good momentum to bring down eurusd (to much price manipulation in up movement) {image} {image}
this may be decided on Thursday by German Prelim CPI, US Final GDP, and US Unemployment Claims. But for now, we may see some downward movement in EURUSD.
Guys, all of you please keep sane, I would say JPY is a game, as usual....make happy the carry trader monkey, then will be massacre - 141.000, asap 138.000, botomless skining of carry traders, when,, no idea....but it will come when enough monkeys are on the branch to be skinned off. The data itself, could make sence, nothing against it, as the only reserve currency is USD, so give it a chan ce and swim with the flow baby.
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