HomeLive CommentsUS consumer confidence dropped moderately in March, dollar and stock lack direction

US consumer confidence dropped moderately in March, dollar and stock lack direction

US Conference Board consumer confidence dropped moderately in March to 127.7, missing expectation of 131.0 But it stayed close to 18 year high at 130 in February.

Reaction to the data is muted though. Dollar rebounded earlier today, but it’s struggling to extend gain in US session so far.

Stocks also struggle to find a direction as DOW is trading nearly flat.

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