Durable goods orders rose more than expected in July. Excluding transportation, new orders declined by 0.4%. US Dollar Index showed limited reaction to data. According to the data published by the US Census Bureau, new orders for manufactured durable goods orders in July rose 2.1% to $250.4 billion to beat the market expectation for an increase of 1.1%. Further details of the report revealed that durable goods orders, excluding transportation, decreased 0.4% to miss analysts’ estimate of +0.1%. The US Dollar Index, which tracks the Greenback’s value against a basket of six major currencies, largely ignored the data and continues to move sideways near the 98 handle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY clings to gains, eyeing a move beyond 106.00 handle post-US durable goods FX Street 4 years Durable goods orders rose more than expected in July. Excluding transportation, new orders declined by 0.4%. US Dollar Index showed limited reaction to data. According to the data published by the US Census Bureau, new orders for manufactured durable goods orders in July rose 2.1% to $250.4 billion to beat the market expectation for an increase of 1.1%. Further details of the report revealed that durable goods orders, excluding transportation, decreased 0.4% to miss analysts' estimate of +0.1%. The US Dollar Index, which tracks the Greenback's value against a basket of six major currencies, largely ignored the data and continues… 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.
