Posts Tagged ‘Durable’
EURUSD: Trading the U.S. Durable Goods Order Report
A rebound in U.S. durable goods should help to prop up the dollar as it raises the fundamental outlook for the world’s largest economy, and the development may encourage the Fed to drop its dovish tone for monetary policy as the recovery gets on a more sustainable path.
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EUR/USD: Trading the U.S. Durable Goods Orders Report
The U.S. dollar is likely to face increased volatility over the next 24 hours of trading as economists forecast orders for durable goods to expand 1.5% in January, and a rise in private sector demands are likely to encourage prospects for a sustainable recovery as the expansion in monetary and fiscal policy continues to feed through the real economy.
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