Durable Goods Orders in the US rose less than expected in August. US Dollar Index clings to daily gains above 94.50 after the data. Durable Goods Orders in the United States expanded by 0.4%, or $1 billion, on a monthly basis to $232.8 billion in August following July’s increase of 11.7% (revised from 11.2%), the US Census Bureau reported on Friday. This reading missed the market expectation of +1.5%. “Excluding transportation, new orders increased 0.4%,” the press release further revealed. “Excluding defense, new orders increased 0.7%. Machinery, also up four consecutive months, led the increase, $0.5 billion or 1.5% to $31.2 billion.” Market reaction The US Dollar Index showed no immediate reaction to these figures and was last seen gaining 0.23% on a daily basis at 94.55. 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 near mid-105.00s, over 1-week tops post-US macro data FX Street 2 years Durable Goods Orders in the US rose less than expected in August. US Dollar Index clings to daily gains above 94.50 after the data. Durable Goods Orders in the United States expanded by 0.4%, or $1 billion, on a monthly basis to $232.8 billion in August following July's increase of 11.7% (revised from 11.2%), the US Census Bureau reported on Friday. This reading missed the market expectation of +1.5%. "Excluding transportation, new orders increased 0.4%," the press release further revealed. "Excluding defense, new orders increased 0.7%. Machinery, also up four consecutive months, led the increase, $0.5 billion or 1.5% to $31.2 billion." Market reaction… 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.
