Watch More: Dukascopy TV
The Greenback weakened against the The European Single currency, following The US Durable Goods Orders data release. The EUR/USD currency pair gained 22 pips, or 0.19%, to continue fluctuating in the 1.1660 area.
The Census Bureau released the monthly Durable Goods Orders that came out lower-than-expected of 1.0% compare with forecasted 3.0%, but better than previous period.
"A senior investment manager Patrick O'Donnell, from Aberdeen Standard Investments, said: "It looks like the European side is trying to acquiesce to Trump's demands. They've got more to lose if tariffs look to be placed on autos, for example. So over multi-month horizon, we'll probably see lower tariffs globally".
| Historical Data Table: US Durable Goods Orders m/m | Economic Calendar for 27.07.2018 | ||||||||
| Date | 27.02.2018 | 23.03.2018 | 26.04.2018 | 25.05.2018 | 26.07.2018 | 1:30 PM | President Trump Speaks | ||
| Actual | -3.70% | 3.00% | 2.60% | -1.70% | 1.00% | 2:00 PM | US Revised UoM Consumer Sentiment | ||
| Forecast | -2.40% | 1.60% | 1.60% | -1.30% | 3.00% | 2:00 PM | US Revised UoM Inflation Expectations | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.74173 | 0.74208 | 0.05% | AUD/USD | 61.84% | 38.16% | |||
| EUR/USD | 1.17113 | 1.17229 | 0.10% | EUR/USD | 58.98% | 41.02% | |||
| USD/JPY | 110.871 | 110.834 | -0.03% | USD/JPY | 42.99% | 57.01% | |||
| NZD/USD | 0.68166 | 0.68182 | 0.02% | NZD/USD | 60.38% | 39.62% | |||