Tuesday, July 29, 2014

Mid-Day Report: Dollar Extends Rally, Firm on Strong Consumer Confidence

Dollar strengthens against other major currencies today and the rally accelerates after strong confidence data. Conference Board consumer confidence jumped to 90.9 in July versus expectation of 85.5. That's also the highest level since October 2007. S&P Case-Shiller 20 cities house price rose 9.3% yoy, missing expectation of 9.8% yoy



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