At 16:00 (GMT+2), the US will publish the July Consumer Confidence Index from the Conference Board. It is calculated based on a survey of 5.0K US households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending, which is part of economic activity. An increase from 93.0 points to 95.9 points may follow, which may act as a driver for the strengthening of the dollar.
