According to the latest release by the US Census Bureau, US Durable Goods Orders rose by 2.5% MoM in November compared to market expectations for a solid 1.6% rise in sales. It also marked an acceleration in the MoM growth rate of sales after October's 0.1% MoM reading, which was upwardly revised from -0.4%. Core Durable Goods Orders rose by 0.8% MoM in November versus consensus forecasts for a 0.6% rise. The dollar did not seem to react to the latest strong raft of US macro data. (full story)