The Conference Board Conference Conference Survey is an indicator that normally does not receive too much attention. However, on the one hand, the current times are probably everything but normal and, on the other, it turned out to be much stronger than expected. In fact, he clearly exceeded the expectations even of the most optimistic analysts in a Bloomberg survey, reports Thu Lan Nguyen, head of research of Commerzbank currency and raw materials.
The dollar finds support in solid consumer confidence data
“Obviously it was not expected that the recent recoil in US tariff
“Unfortunately, I do not share the optimism of the American households surveyed, which may be due in part to the fact that tariffs introduced so far have not had a notable effect on US consumer prices Absurdly high punitive tariffs against China, it cannot be assumed that commercial relations will be restored to the old status quo. “
“I am not alone in my skepticism. A look at the currency options market shows: from the market perspective, the risks of collapse of the USD have not been significantly reduced despite the apparent relaxation of tensions in the US commercial conflict. My preferred measure for this, the risk reversals of the EUR/USD, have only moved slightly far from their recent maximums. I think this is justified.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
