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BREAKING: USD sees little reaction to durable goods data

1:35 PM 27 June 2022
  • New orders for US manufactured durable goods rose to 0.7% month-over-month in Mary, extending gains from a downwardly revised 0.4% increase in April and compared to market expectations of a 0.1%.
  • Durable goods orders excluding transportation also increased 0.7% in May, from downwardly revised 0.2% rise in April, above market forecasts of 0.2% rise.

EURUSD barely reacted to the release of  durable goods data. The main currency pair is currently testing a lower limit of the ascending channel in the 1.0565 area. Source: xStation

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