US Durable Goods Orders stayed unchanged on a monthly basis in July.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE and login below to read further [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
- US Durable Goods Orders stayed unchanged on a monthly basis in July.
- US Dollar Index stays in positive territory below 109.00.
New orders for manufactured durable goods orders in the US stayed virtually unchanged at $273.5 billion in July, the US Census Bureau reported on Wednesday. This reading followed June’s 2.2% expansion and came in worse than the market expectation for an increase of 0.6%.
“Excluding transportation, new orders increased 0.3%,” the publication further read. “Excluding defense, new orders increased 1.2%. Transportation equipment, down following three consecutive monthly increases, drove the decrease, $0.6 billion or 0.7% to $93.0 billion.”
These figures had little to no impact on the dollar’s valuation. As of writing, the US Dollar Index was up 0.3% on the day at 108.84.
[/s2If]
Join Our Telegram Group
