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Back Fundamental analysis
Trust Without Trust
U.S. dollar buyers were clearly displeased
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U.S. dollar buyers were clearly displeased with yesterday's data showing that the Conference Board consumer confidence index in the U.S. fell by 0.7 points to 93.1 in May—slightly worse than the consensus forecast of 92.0 and marking the third consecutive month below the 100 mark. This data coincided with the record low of the University of Michigan index, which was published last week. All of this indicates that the American consumer is feeling increasingly worse, and there is nothing surprising
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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