The European Common Currency 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 lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1196 level against the Greenback.
Census Bureau released the US Core Durable Goods Orders data, which came out slightly worse-than-expected of 0.0% compared with forecast 0.1%.
According to analysts, orders' decline was driven mostly by the US-China trade war. Non-military capital goods orders, except aircraft, declined 0.9%. Bookings for all items meant to last at least 3 years dropped 2.1%.
| Date | 21.02.19 | 13.03.19 | 02.04.19 | 25.04.19 | 24.05.19 |
|---|---|---|---|---|---|
| Actual | 0.1% | -0.1% | 0.1% | 0.4% | 0.0% |
| Forecast | 0.3% | 0.1% | 0.3% | 0.2% | 0.1% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69107 | 0.69114 | 0.01% |
| EUR/USD | 1.11948 | 1.11985 | 0.03% |
| NZD/USD | 0.65448 | 0.65461 | 0.02% |
| USD/JPY | 109.572 | 109.532 | -0.04% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 71.4% | 28.6% |
| EUR/USD | 31.3% | 68.7% |
| NZD/USD | 70.0% | 30.0% |
| USD/JPY | 59.2% | 40.8% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| Tentative | GBP | Inflation Report Hearings | - | - |
| 14:00 | USD | CB Consumer Confidence | 130.0 | 129.2 |
| 21:00 | NZD | RBNZ Financial Stability Report | - | - |