Prelim UoM Consumer Sentiment (USD) – 17/10

What is it? It checks the level of a composite index based on surveyed consumers;

Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 17th at 9:55am Eastern Time.

 

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

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