News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Eric Villalobos,

U.S. Consumer Sentiment saw a jump from November’s 67.4 to 70.4, above the forecasted level of 67.1.

The study found that the monthly gain in the low-income households incomes had a large disparity between the 3.8% and the 4.3% loss in income within middle-class and top-third household earnings.

Sentiment saw a rise, as lower-income consumers are expecting a 2.9% income increase through 2022. 76% of consumers saw inflation as a larger problem than unemployment.

There was a large gap between consumers current income and expected incomes, as consumers brace for potential inflationary impacts of stimulus.

U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Market Reaction

U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Even with improved sentiment, USD saw a quick downturn immediately after the consumer sentiment report was release, with volatility remaining from the earlier-morning CPI report.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES