Daily digest market movers US Dollar appears neutral after Consumer Confidence data

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Consumer Confidence in the United States improved in November with the Conference Board's index increasing from 109.6 to 111.7.

The Present Situation Index rose by 4.8 points to 140.9, while the Expectations Index edged higher to 92.3.

Ahead of the FOMC Minutes, the CME FedWatch Tool estimates a 59% probability of a further 25 bps rate cut by the Fed on December 18.

The US 10-year Treasury benchmark rate declined to 4.29%, down from its recent high of 4.50%.



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