US: CB Consumer Confidence Index improves to 103.2 in August

• Consumer confidence in the US improved in August.
• US Dollar Index turned positive on the day near 108.80 after the data.

The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index improved to 103.2 in August from 95.3 in July.

Further details of the publication revealed that the Consumer Present Situation Index climbed to 145.4 from 139.7 and the Consumer Expectation Index rose to 75.1 from 65.6. Finally, the Jobs Hard-to-Get Index edged lower to 11.4 from 12.4.

Market reaction

The greenback gathered strength against its rivals on the upbeat data and the US Dollar Index was last seen posting small daily gains at 108.80.