U.S Core Durable Goods Orders Rises To 0.5% in April, USD Follows !

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 from 0.3% to 0.5% in the previous month, analysts had expected  Core Durable Goods Orders to rise to 0.4%  last month.

This development should advance the US dollar , simply buy USD on dips , eyes on US CB Consumer Confidence (May) next at 14:00 GMT..

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