US consumer confidence data from The Conference Board:

  • Prior reading was 78.1 (revised to 78.3)
  • Highest since 2008
  • Present situation 80.4 vs 81.0 prior
  • Expectations 83.5 vs 76.5 prior
US consumer confidence

US consumer confidence

You hate to see the index driven by expectations of a swift pickup but the headline number is what matters to the market. The Richmond Fed took a bit of the shine off the report but USD/JPY managed to touch a session high at 102.49. Offers at 102.50 look substantial.