The Euro traded sideways against the US Dollar, following the US Durable Goods Orders data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate gained 3 pips or 0.03% after the release. The Euro continued trading at the 1.0800 level against the Greenback after the release.
Census Bureau released the US Core Durable Goods Orders, which came out better-than-expected of negative 0.2% compared with the forecast of negative 6.1%.
New orders for major US-made capital goods surprisingly increased in March. However, it is likely that the profits will not be sustainable due to the coronavirus outbreak.
| Date | 23.12.19 | 28.01.20 | 27.02.20 | 25.03.20 | 24.02.20 |
|---|---|---|---|---|---|
| Actual | 0.0% | -0.1% | 0.9% | -0.6% | -0.2% |
| Forecast | 1.5% | 0.4% | 0.2% | -0.4% | -6.1% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.63749 | 0.63754 | 0.01% |
| EUR/USD | 1.08037 | 1.08048 | 0.01% |
| NZD/USD | 0.60037 | 0.60049 | 0.02% |
| USD/JPY | 107.613 | 107.601 | -0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 44.4% | 55.6% |
| EUR/USD | 28.1% | 71.9% |
| NZD/USD | 61.6% | 38.5% |
| USD/JPY | 44.4% | 55.7% |
Economic calendar