U.S Core Durable Goods Orders Rises 0.5% In May, Buy USD On Dips !

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 U.S Core Durable Goods Orders rose 0.5%, from -0.3% in the previous month, U.S Core Durable Goods Orders was expected to rise to 0.6% last month.

Market Impact : This development is likely to advance USD a little bit , recommendation : buy USD on dips!!

 

U_S Core Durable Goods

 

MARKET DATA

UPCOMING ECONOMIC EVENTS