The index calculated by Conference Board research company is based on a survey of 5,000 households and reflects a level of consumer optimism. The index consists of two main components: assessment of the current situation and evaluation of consumer expectations (leading indicator). Expectations are about 60% of the index, and the assessment of the current situation makes up 40%. A reading that is stronger than the forecast is generally supportive for the USD, while a weaker than the forecast reading is generally negative for the USD. The index is expected to grow from 129.2 to 130.1 points in May.
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