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Dollar Halts Recent Downtrend Ahead Of US Consumer Confidence Report

09:55, 28th August 2012

(RTTNews) - The Conference Board is scheduled to release its consumer confidence report for August at 10:00 am ET. The consumer confidence index is expected to edge down to 65.5 in August.

The US dollar paused its recent downtrend against major rivals ahead of the report. As of 9:55 am ET, the greenback was trading at 0.9560 against the Swiss franc, 1.5813 against the pound, 1.2560 against the euro and 78.60 against the yen.

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