Durable Goods Orders fall in April

Wednesday, 25 May 2011 04:10

US Durable Goods Orders were released with results further less than expected. Core Durable Goods disappointed at -1.5% while expectations were circulating at 0.7.  Durable Goods Orders fell by 1.6% more than foracasted, being released at 3.6% in April from the expected 2.0% and previous 4.1%. 

EUR/USD is steady trading along the lines of 1.40, currently at 1.4063.  While GBP/USD is at 1.6230.

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