Posted by: Forex Weekly Reports (ActionForex.com)
The US data releases continued their weaker trend overnight with durable goods orders falling an 1.0% m/m versus +1.0% expected, although core goods orders (non-defense goods ex-aircraft) posted 0.6% m/m gains in June and May’s data revised higher to 4.6% from 2.1%. Nevertheless, markets focused on the headline figure and
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