Durable Goods Orders in the US rose 0.2%, or $0.5 billion, to $284.7 billion in August, the US Census Bureau reported on Wednesday. This reading followed the 5.6% decline (revised from 5.2%) recorded in July and came in better than the market expectation for a decrease of 0.5%. "Excluding transportation, new orders increased 0.4%," the press release read. "Excluding defense, new orders decreased 0.7%. Machinery, up four of the last five months, led the increase, $0.2 billion, or 0.5%, to $37.8 billion." The US Dollar preserves its strength after the data. As of writing, the US Dollar Index was up 0.2% on the day at ... (full story)