US: CB Consumer Confidence falls to 110.5 in February versus expected 110.0

According to the latest Consumer Confidence survey conducted by the US Conference Board, US Consumer Confidence fell to 110.5 in February from 111.1 in January. That was a smaller drop than the expected decline to 110.0. The Present Situation Index rose to 145.1 from 144.5 last month, while the Consumer Expectations Index fell a little to 87.5 from 88.8. 

Market Reaction

The DXY does not seem to have reacted to the latest Consumer Confidence figures and continues to pivot either side of the 96.00 level. 

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