Trade ideas for August 2-6
What events to follow and how to trade during the week of July 2-6?
US CB Consumer Confidence
| US consumer confidence seemed to be strong during the summer months. In July, consumer confidence index rose to a 16-year high, although a drop was expected. It’s now time to see whether political problems of Trump’s administration and global risks have changed this situation. The Conference Board will release the index for September at 17:00 MT time on September 26. |
| The level of consumer confidence has a direct impact on household spending and, consequently, on the economy’s health in general. This release will be a Forex market mover and an opportunity to trade the USD. |
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