US Durable Goods Orders rise 16.4% in May vs. 8.5% expected
The post US Durable Goods Orders rise 16.4% in May vs. 8.5% expected appeared on BitcoinEthereumNews.com. Durable Goods Orders in the US rose more than expected in May. The US Dollar Index stays in negative territory below 97.50. Durable Goods Orders in the United States (US) rose by 16.4%, or $48.3 billion, in May to $343.6 billion, the US Census Bureau reported on Thursday. This reading followed a 6.6% decrease (revised from -6.3%) reported in April and came in better than the market expectation for an increase of 8.5%. “Excluding transportation, new orders increased 0.5%,” the press release read. “Excluding defense, new orders increased 15.5%. Transportation equipment, also up five of the last six months, led the increase, $47.4 billion or 48.3%, to $145.4 billion.” Market reaction The US Dollar (USD) Index recovered slightly from session lows following this report and was last seen losing 0.35% on the day at 97.35. Source: https://www.fxstreet.com/news/us-durable-goods-orders-rise-164-in-may-vs-85-expected-202506261236
The post US Durable Goods Orders rise 16.4% in May vs. 8.5% expected appeared on BitcoinEthereumNews.com.
Durable Goods Orders in the US rose more than expected in May. The US Dollar Index stays in negative territory below 97.50. Durable Goods Orders in the United States (US) rose by 16.4%, or $48.3 billion, in May to $343.6 billion, the US Census Bureau reported on Thursday. This reading followed a 6.6% decrease (revised from -6.3%) reported in April and came in better than the market expectation for an increase of 8.5%. “Excluding transportation, new orders increased 0.5%,” the press release read. “Excluding defense, new orders increased 15.5%. Transportation equipment, also up five of the last six months, led the increase, $47.4 billion or 48.3%, to $145.4 billion.” Market reaction The US Dollar (USD) Index recovered slightly from session lows following this report and was last seen losing 0.35% on the day at 97.35. Source: https://www.fxstreet.com/news/us-durable-goods-orders-rise-164-in-may-vs-85-expected-202506261236
What's Your Reaction?
