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USD retreats ahead of hard data

The greenback slides against most currencies in an oil-inspired risk-on sentiment. Now, we finally get some hard data: durable goods orders will give us some significant figures on Q2 growth and investment trend eyed by the Fed. Also watch out for jobless claims, pending home sales and two Fed officials speaking up.

Wrap up of the morning show for May 26th 2016:

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.