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Durable goods orders to determine next USD move

A stronger dollar is the theme throughout the week, with gains across the board, most notably against the falling pound and the loonie which suffered the oil inventory release. A busy day starting with UK retail sales culminates with durable goods orders, a view on investment that the Fed described as soft. Will the greenback get another boost or does the buck stop here? Thin liquidity could also be a factor.

Wrap up of the morning show for Thursday, March 24th:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.