DislikedHey guys! pls i need to know how consumer confidence affects the market.Ignored
Okay. USD is so screwed.
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DislikedHey guys! pls i need to know how consumer confidence affects the market.Ignored
DislikedYou never know sometimes really good news can make the dollar actually rally.Ignored
DislikedGuys, wouldn't the high consumer confidence spur buying of bonds with the intention of high interest and thus demand for $. With the auction today it makes perfect sense for the EURUSD to plummet (in my opinion).... Just a thought.Ignored
DislikedCONSUMER CONFIDENCE:
"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"
Muhahahahahah... 5000 households muhahahahaha...Ignored
DislikedThought it's the other way round. High consumer confidence will lead to $$ shifting to more risky assets and thus no buying of bonds?
A low consumer confidence will create risk adversion and trigger buying of bonds.
I think depending on market situation, it can go both ways.Ignored