More positive figures came out of the US and joined yesterday’s good releases: durable goods orders rose by 0.7%, better than 0.2% that was expected for November. In addition, this came on top of October’s big upwards revision: a revision from flat to +1.1%. Core durable goods orders rose by 1.6%, while a drop of 0.2% was predicted. Also here, the rise came on top of an upwards revision: from +1.5% to +1.9%. Also personal income exceeded expectations by rising 0.6% instead of 0.3%. The previous figure was revised from 0% to 0.1%. Personal spending enjoyed an upwards revision from -0.2% to -0.1% and the fresh figure showed a rise of 0.4%, as expected. The only figure that fell below predictions was the Core PCE Price Index, which remained flat instead of rising by 0.1%. Yet all in all, this was a positive bulk of economic data, just before Christmas. There is one more piece of data left: a revision of the consumer sentiment number from the University of Michigan. However, these positive figures don’t cover for the general market gloom that caught the market after Plan B failed. 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. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Analysis: AUD/USD Drops Below Support James Chen 10 years More positive figures came out of the US and joined yesterday's good releases: durable goods orders rose by 0.7%, better than 0.2% that was expected for November. In addition, this came on top of October's big upwards revision: a revision from flat to +1.1%. Core durable goods orders rose by 1.6%, while a drop of 0.2% was predicted. Also here, the rise came on top of an upwards revision: from +1.5% to +1.9%. Also personal income exceeded expectations by rising 0.6% instead of 0.3%. The previous figure was revised from 0% to 0.1%. Personal spending enjoyed an upwards revision from… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
