Tag: durable goods orders

Global Stocks Retreat Following Cautious Fed Statement

Global stock prices declined on Thursday following mixed signs from the US Federal Reserve about the future path of interest rates. The Fed kept its...

Oil Prices Stabilize following Bigger than Expected US Drawdown

Oil prices turned higher on Wednesday after government data showed a bigger than expected drawdown in US crude inventories, easing concerns about an escalating...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

US Dollar Slips on Weak Durable Goods Orders

The US dollar weakened against a basket of currencies Thursday, as durable goods orders declined sharply in August, fueling concern about a slowdown in...

Dollar Resumes Uptrend as Stock Markets Remain Volatile

The US dollar rose again on Wednesday, as investors reacted to stronger than expected durable goods orders amid renewed volatility in Asian and European...

EUR/USD Advances on Upbeat German Ifo

The EUR/USD surged more than 100 pips on Monday, briefly surpassing 1.11 after the Ifo Institute said German business confidence rose unexpectedly in July. The...

US Dollar Index Surges as Business Investment Plans Appreciate

  The US dollar surged on Tuesday, picking up where it left off last week as investors responded to mixed economic data. The trade-weighted US dollar...

US Dollar Weekly Outlook (May 25 – 29)

The US dollar advanced on Monday, as the US markets paused to observe Memorial Day. Price action was  tame in Europe, where Germany, France,...

US Durable Goods Orders Jump in March, but Investment Falls

US durable goods orders rose more than forecast last month, but investment fell for a seventh straight month, a sign businesses were still concerned...

EUR/USD Weekly Outlook (April 20-24)

The EUR/USD is expected to face significant action this week, which is headlined by a crucial Eurogroup meeting over Greece on Friday. The EUR/USD rallied...

US Dollar Falls Further Behind as Durable Goods Orders Tumble

The US dollar continued to edge lower on Wednesday, as durable goods orders declined unexpectedly in February, adding further evidence the economy was slowing amid global...

USD: Weekly Outlook (Mar. 23 – 27)

The US dollar suffered its worst week since 2011, as the Federal Reserve issued a cautious rate statement and summary of economic projections, casting...

Forex Economic Indicators: Durable Goods Orders

The US Durable Goods Orders statistic is one of the most important leading indicators of the health of the US economy. Because it tends...

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