At 16:00 (GMT+2), the Conference Board's July consumer confidence index will be released in the US. It is calculated based on a survey of 5.0K US households and takes into account their views on the current and future economic situation. This is a leading indicator that predicts consumer spending that is part of economic activity. A correction from 91.2 points to 92.1 points is expected, which may act as a catalyst for a downward correction in the US dollar exchange rate.
