Back

US Durable Goods Orders rise 2.6% in March to $283.4 billion

  • Durable Goods Orders in the US increase $7.3 billion in March.
  • US Dollar Index clings to small daily gains below 106.00.

Durable Goods Orders in the US rose 2.6%, or $7.3 billion, to $283.4 billion in March, the US Census Bureau reported on Wednesday. This reading followed the 0.7% increase (revised from 1.4%) recorded in February.

"Excluding transportation, new orders increased 0.2%," the US Census Bureau said in the press release. "Excluding defense, new orders increased 2.3%. Transportation equipment, also up two consecutive months, led the increase, $6.8 billion or 7.7%, to $95.9 billion."

Market reaction

These figures don't seem to be having a significant impact on the US Dollar Index, which was last seen rising 0.15% on the day at 105.85.

United States Durable Goods Orders ex Transportation came in at 0.2%, below expectations (0.3%) in March

United States Durable Goods Orders ex Transportation came in at 0.2%, below expectations (0.3%) in March
Mehr darüber lesen Previous

EUR/GBP Price Analysis: Downmove reaches critical support level

EUR/GBP price has reversed and fallen to a key support level at around 0.8590, where it is currently consolidating.
Mehr darüber lesen Next