U.S. Consumer Sentiment Improves Less Than Previously Estimated In Novemberfxcue.com

(fxcue news) - Consumer sentiment in the U.S. improved less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of 73.0. While the downward revision surprised economists, who had expected the reading to be upwardly revised to 73.7, the index is still above the final October reading of 70.5. Despite the unexpected downward revision, the consumer sentiment index is also still at its highest level since hitting 77.2 in April. "Post-election interviews were 1.3 points below the pre-election reading, moderating the improvement seen earlier in the month," said Surveys of Consumers Director Joanne Hsu. She added, "The expectations index surged for Republicans and fell for Democrats this month, a reflection of the two groups' incongruous views of how Trump's policies will influence the economy." The report said the index of consumer expectations climbed to 76.9 in November from 74.1 in October, while the current economic conditions index dipped to 63.9 in November from 64.9 in October. With regard to inflation expectations, the University of Michigan said year-ahead inflation expectations edged down to 2.6 percent in November from 2.7 percent in October, hitting the lowest level since December 2020. Long-run inflation expectations, on the other hand, rose to 3.2 percent in November from 3.0 percent in October. Uncertainty over long-run inflation also increased.

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

Texas Congressman Submits Bill to Propose Creation of Gold and Silver Based Currency to Compete with the US Dollar

If USD/JPY falls below the support of 153.25, it will challenge the 153 integer level

US Treasury Secretary nominates to reverse 'Trump deal'? Gold price rises and falls by over $50

Eurozone Private Sector Falls Back Into Contraction

Sensex

NZ Dollar Falls Against Majors

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

The US dollar index hit a new high last Friday, and we are concerned about whether it can continue in the future

Please sign in

Trader

Today, I made a profit from gold trading and was eliminated.

There are a lot of gold buying orders, all of which are profitable.

Selling and buying gold both generate profits

Today, there was a slight loss in foreign exchange trading...

This week's silver trading strategy can be carried out as follows: you can place a short order at the position of 31, set the stop loss level to 31.8, and first look towards 30.55 and 30.0.

Gold strategy: 2673-2682, sell near the dividing line, buy below 2660, steady at 2656 with buy, do not participate in buy if the level breaks 2650.

The spot gold price should focus on the vicinity of 2650. As long as it can stabilize above 2650, we can rely on the vicinity of 2650 to enter the market and buy.

Operation suggestion: Buy near 2690 gold with a loss of 2682, look at 2710 and 2720; If the decline is significant, then rely on 2670 support to buy!

Early trading strategy for the Asian gold market: Buy near the current gold price of 2700, with a target of 2728-2740-2756; If it is sold around the three o'clock mark of 2728, 2740, and 2756 for the first time; If given around three o'clock, 2706, 2700, 2692, you can buy in batches;

Tags

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

Texas Congressman Submits Bill to Propose Creation of Gold and Silver Based Currency to Compete with the US Dollar

If USD/JPY falls below the support of 153.25, it will challenge the 153 integer level

US Treasury Secretary nominates to reverse 'Trump deal'? Gold price rises and falls by over $50

Eurozone Private Sector Falls Back Into Contraction

Sensex

NZ Dollar Falls Against Majors

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

The US dollar index hit a new high last Friday, and we are concerned about whether it can continue in the future

Please sign in

Trader

Today, I made a profit from gold trading and was eliminated.

There are a lot of gold buying orders, all of which are profitable.

Selling and buying gold both generate profits

Today, there was a slight loss in foreign exchange trading...

This week's silver trading strategy can be carried out as follows: you can place a short order at the position of 31, set the stop loss level to 31.8, and first look towards 30.55 and 30.0.

Gold strategy: 2673-2682, sell near the dividing line, buy below 2660, steady at 2656 with buy, do not participate in buy if the level breaks 2650.

The spot gold price should focus on the vicinity of 2650. As long as it can stabilize above 2650, we can rely on the vicinity of 2650 to enter the market and buy.

Operation suggestion: Buy near 2690 gold with a loss of 2682, look at 2710 and 2720; If the decline is significant, then rely on 2670 support to buy!

Early trading strategy for the Asian gold market: Buy near the current gold price of 2700, with a target of 2728-2740-2756; If it is sold around the three o'clock mark of 2728, 2740, and 2756 for the first time; If given around three o'clock, 2706, 2700, 2692, you can buy in batches;

Tags

关注我们的公众号