Consumer confidence rises more than expected in June

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The The leading indicator of consumer confidence from the report prepared by the University of Michigan showed an improvement in the preliminary reading for June to 86.4 from 82.9 in May. The data was better than expected, which was 84.

The economic conditions index current rose from 89.4 to 90.6 while that of expectations from 78.8 to 83.8. Expectations of inflation after one year they went from 4.6% to 4%.

The dollar continued to advance in the market after the report. EUR / USD continued to approach 1.2100 and USD / JPY surpassed 109.70. Next week will be Federal Reserve meeting.

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