U.S Durable Goods Orders Up 0.0% In Nov, Core Durable Goods Down -0.1%, Mixed Market!

forex import and export min
forex import and export min

The U.S Durable Goods Orders fell 0.0%, from 2.9% in the previous month, passing forecast of -0.6% in the last month…

Core Durable Goods Orders also fell -0.1%, from 0.5% in the previous month, missing forecast of 0.1% in the last month…

Market impact: This development could bring limited gains for the U.S dollar.U.S dollar index is so close the key resistance 98.46, a halt is likely, but a break would open 98.81 next, further upside, resistance comes at the 99.30 levels.

On the downside, immediate support comes at the 98.15 levels, stability above this level will keep the recovery mode intact, however, a cut through the 97.25/96.85 levels…

EURUSD: Buying the pair within 1.0825/1.0865 range is recommended…

Durable Goods Orders Up

MARKET DATA

UPCOMING ECONOMIC EVENTS