Dollar Steady Ahead Of US Consumer Confidence And House Price Data

Dollar Steady Ahead Of US Consumer Confidence And House Price Data


The Conference Board is scheduled to release its consumer confidence report for September at 10:00 am ET. The report is expected to show that the consumer confidence index declined to 64.8 in September.
The Federal House Finance Agency, or FHFA, is set to release its house price index for July around the same time. Economists expect a 0.8 percent increase in the house price index compared to a 0.7 percent increase in June.
The manufacturing index based on the Richmond's manufacturing index is due to be released at 10:00 am ET. The index is expected to improve to -4 in September from -9 in August.
Halting its recent downtrend, the US dollar leveled off against its major rivals ahead of the data. As of 9:55 am ET, the greenback was trading at 77.75 against the yen, 1.6240 against the pound, 0.9340 against the Swiss franc and 1.2950 against the euro.