Currency Note US Dollar

US dollar mixed as consumer confidence rises

By Smart Currency January 2nd, 2014

The US dollar had a mixed day on Tuesday as data showed that consumer confidence had reached the highest levels since 2008. Furthermore, data released on Tuesday showed that house prices in 20 cities in the US rose by 13.6% in the last 12 months, the biggest yearly gain in seven years. We have a busy day of data in the US with the weekly unemployment claims figures released alongside the manufacturing PMI data. Call your trader now to see if the US dollar can recover some of its losses against sterling and the euro as we look to the year ahead.