USD and Durable Goods Orders, 12:30 GMT



  • Current 3.3% – Expected 1.8%

  • Above expected: USD Bullish

  • Below expected: USD Bearish

  • Key pairs to watch: USD/JPY, EUR/USD, AUD/USD, GBP/USD

Durable Goods Orders are expected to decrease from previous month reading, almost by half. Indeed, market focus in the divergence in between the release and the expected number, and the drop is already priced in. Anyway, market players will be looking to buy the dollar, particularly against weaker euro an Australian dollar, if the reading exceeds expectations. Core reading published along with main one should also be above expected, to favor some greenback gains.


A deviation to the downside in both numbers, main and core, will hit greenback especially against newly strong Japanese yen and Pound, although the effect will be seen all across the board.