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 9 pips or 0.08% after the release. The Euro continued trading at the 1.1630 level against the Greenback after the release.
Census Bureau released the US Core Durable Goods Orders data, which came out worse-than-expected of 0.4% compared with the forecast of 1.0%.
Orders for long-lasting manufacturing goods increased for the fourth consecutive month in August. Thus, this could indicate that the US manufacturing industry continues to recover from the coronavirus-related crisis.
| Date | 28.05.20 | 25.06.30 | 27.07.20 | 26.08.20 | 25.09.20 |
|---|---|---|---|---|---|
| Actual | -7.4% | 4.4% | 3.3% | 2.4% | 0.4% |
| Forecast | -14.8% | 2.1% | 3.5% | 1.9% | 1.0% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.70312 | 0.70317 | 0.01% |
| EUR/USD | 1.16309 | 1.16386 | 0.07% |
| NZD/USD | 0.65531 | 0.65557 | 0.04% |
| USD/JPY | 105.495 | 105.512 | 0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 42.8% | 57.2% |
| EUR/USD | 49.7% | 50.3% |
| NZD/USD | 51.4% | 48.6% |
| USD/JPY | 57.6% | 42.4% |
Economic calendar