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\u00a0The US Consumer Confidence Index issued by the University of Michigan a few moments ago concluded with economic news related to the US dollar during the current week ending today, Friday, where the index rose in September to 71 points, compared to 70.3 in August, but it came below expectations that indicated a rise to 71.9. <\/span><\/span><\/p>\n In details, the current conditions index declined to 77.1 compared to 78.5 in the August reading, while the expectations index rose to 67.1 from 65.1. <\/span><\/span><\/p>\n The general index of the US dollar is heading to close its second week in a row with gains of more than 0.45%, trading at the highest levels of 93 and the highest level in September, despite the mixed data issued this week, as the inflation index recorded growth below expectations last Tuesday, in addition to the decline in the consumer confidence index issued before Moments while the data on consumer spending and the manufacturing sector in Philadelphia and New York supported the continued recovery of the US economy, and thus raised markets expectations that the US Federal Reserve will determine its next step regarding reducing its purchases of assets and bonds amounting to 120 billion dollars per month more accurately at its meeting next week. <\/span><\/span><\/p>\n Among the currencies most affected against the US dollar this week were the euro currencies, which lost more than 70 points during the week and traded in the closing session at 1.1746 levels, in addition to the Swiss franc, which lost more than 100 points and traded at 0.9300 levels.<\/span><\/span><\/p>\n On the other hand, the Australian dollar is leading the losses of commodity currencies this week, and is trading at 0.7285 levels, before closing the session with declines of more than 75 points since the beginning of the week. <\/span><\/span><\/p>\n The yellow metal, in turn, has lost more than 2% since the beginning of the week, and is trading at $1,752 per ounce, and is heading for the second consecutive weekly loss, affected by the rise in the US dollar.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" \u00a0The US Consumer Confidence Index issued by the University of Michigan a few moments ago concluded with economic news related to the US dollar during the current week ending today, Friday, where the index rose in September to 71 points, compared to 70.3 in August, but it came below expectations that indicated a rise to […]<\/p>\n","protected":false},"author":1,"featured_media":1803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1,3],"tags":[],"class_list":["post-1802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets","category-jet-metals-markets"],"acf":[],"yoast_head":"\n