BREAKING: US CB Consumer Confidence Index well below expectations

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US Conference Board Consumer Confidence index decreased to 113.8 in August from the previous month's 129.1 and well below market expectations of 124.90. Further details of the publication showed that the Present Situation Index declined to 147.3 from 160.3 and the Consumer Expectations Index edged lower to 91.4 from 108.4.

EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1825 level. Source: xStation5

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