U.S Core Durable Goods Orders (Mar) stands at -0.2% , USD sees more decline !

forex goods min
forex goods min

Core Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items. Because aircraft orders are very volatile, the core number gives a better gauge of ordering trends. A higher reading indicates increased manufacturing activity.

The US Core Durable Goods Orders rose to -0.2% , from -1.3% in the previous  month , analysts had expected US Core Durable Goods to rise to 0.3% last month .

This development will keep the US dollar under pressure , strategy remains to sell the USD at recovery ….

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