
At 16:00 (GMT+2), the US will release its September Conference Board Consumer Confidence Index. This index is calculated based on a survey of 5.0K US households and considers their views on the current and future economic situation. It is a leading indicator that predicts consumer spending, which is part of economic activity. It is forecast to decline from 97.4 points to 95.3 points, putting pressure on the American dollar.

