The European Common Currency traded sideways against the US Dollar, following the US Durable Goods Orders data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.03% right after the release. The Euro continued trading at the 1.1130 level against the Greenback.
Census Bureau released the US Core Durable Goods Orders data, which came out slightly worse-than-expected of negative 0.3% compared with the forecast of negative 0.2%.
According to analysts, the US-China trade was and its tariffs are affecting the global manufacturing sector, and the US manufacturing is likely to remain weak.
| Date | 26.06.19 | 25.07.19 | 26.08.19 | 27.09.19 | 24.10.19 |
|---|---|---|---|---|---|
| Actual | 0.3% | 1.2% | -0.4% | 0.5% | -0.3% |
| Forecast | 0.1% | 0.2% | 0.2% | 0.2% | -0.2% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.6837 | 0.68385 | 0.02% |
| EUR/USD | 1.11309 | 1.11336 | 0.02% |
| NZD/USD | 0.63972 | 0.63984 | 0.02% |
| USD/JPY | 108.617 | 108.563 | -0.05% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 66.7% | 33.3% |
| EUR/USD | 27.3% | 72.7% |
| NZD/USD | 71.1% | 28.9% |
| USD/JPY | 45.4% | 54.6% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 12:15 | USD | ADP Non-Farm Employment Change | - | 135K |
| 14:00 | CAD | Overnight Rate | 1.75% | 1.75% |
| 18:00 | USD | Federal Funds Rate | <2.00% | <2.00% |