Fundamental News.
Durable Goods Orders in the United States declined by 6.1%, or $18 billion, to $276.7 billion in January, the Census Bureau reported on Tuesday. This reading followed the 0.3% decrease recorded in December and came in worse than the market expectation for a contraction of 4.5%. "Excluding transportation, new orders decreased 0.3%," the publication read. "Excluding defense, new orders decreased 7.3%. Transportation equipment, also down three of the last four months, led the decrease, $17.4 billion, or 16.2%, to $89.8 billion." These numbers don't seem to be having a significant impact on the US Dollar's.
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Durable Goods Orders in the United States declined by 6.1%, or $18 billion, to $276.7 billion in January, the Census Bureau reported on Tuesday. This reading followed the 0.3% decrease recorded in December and came in worse than the market expectation for a contraction of 4.5%. "Excluding transportation, new orders decreased 0.3%," the publication read. "Excluding defense, new orders decreased 7.3%. Transportation equipment, also down three of the last four months, led the decrease, $17.4 billion, or 16.2%, to $89.8 billion." These numbers don't seem to be having a significant impact on the US Dollar's.
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