The European Single Currency depreciated 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 16 pips or 0.14% during a minute, right after the release. In the next minutes the rate was trading at the 1.1675 area.
The Census Bureau released the US Durable Goods Orders data that came out better-than-expected of 4.5%, compare to forecasted 1.9%.
On Wednesday, the Federal Reserve raised interest rates for the third time this year during the US Federal Funds Rate data release. Chairman Jerome Powell told reporters that this was "a particularly bright moment" for the economy.
Historical Data Table: Durable Goods Orders m/m | Economic Calendar for 01.10.2018 | ||||||||
Date | 23.03.2018 | 26.04.2018 | 25.05.2018 | 26.07.2018 | 27.09.2018 | 8:30 AM | UK Manufacturing PMI | ||
Actual | 3.00% | 2.60% | -1.70% | 1.00% | 4.50% | 14:00 PM | US ISM Manufacturing PMI | ||
Forecast | 1.60% | 1.60% | -1.30% | 3.00% | 1.90% | Tentative | NZD NZIER Business Confidence | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.72228 | 0.72201 | -0.04% | AUD/USD | 69.37% | 30.63% | |||
EUR/USD | 1.16915 | 1.16814 | -0.09% | EUR/USD | 55.28% | 44.72% | |||
USD/JPY | 112.925 | 112.949 | 0.02% | USD/JPY | 32.27% | 67.73% | |||
NZD/USD | 0.66324 | 0.66315 | -0.01% | NZD/USD | 63.21% | 36.79% |