HomeBlogUncategorizedUS July durable goods orders +1.1% vs +0.5% expected

US July durable goods orders +1.1% vs +0.5% expected

Prior was +0.5%Ex transport +0.4% vs +0.8% expEx defense +1.3% vs +0.3% priorNon-defense capital goods ex air +0.2% vs +0.9% exp

This is a softer report overall but the US dollar has been strengthening on the slightly-hotter PCE report released at the same time. The euro was last down 21 pips on the day to 1.1653.

This article was written by Adam Button at investinglive.com.


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