jeudi 16 avril 2015

EUR/USD: Trading the University of Michigan Consumer Sentiment Index

The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. An increase in consumer confidence is a positive sign about the health of the economy and is bullish for the US dollar.



Here are all the details, and 5 possible outcomes for EUR/USD.



Published on Friday at 14:00 GMT.



Indicator Background



The UoM Consumer Sentiment Index, which is released monthly, is an important leading economic indicator. It helps measure future spending behavior, and provides an indication of consumer confidence in the economy. Analysts look to the index to help answer that all-important question of “is the US consumer optimistic or pessimistic about the economy”?

EUR/USD: Trading the University of Michigan Consumer Sentiment Index

0 commentaires:

Enregistrer un commentaire