US: Consumer Confidence drops in February against forecasts

FXStreet (Barcelona) - US Consumer confidence slid to 78.1 in February, from 79.4 in January, according to data released by the Conference Board. Analysts expected a rise to 80.0.

Feb 25, 2014

US February Consumer Confidence declines to 78.1 vs 79.4 (January)

GBP supported on poor US data

GBP/USD has been above the 200 DMA again and was through onto the 1.67 handle prior to the poor Consumer Confidence data from the US.