EUR/USD: US Durable Goods Orders

The Census Bureau released US Durable Goods Orders data that came out better than expected of 0.8 compared with forecasted negative 1.3%. Moreover, the US Core Durable Goods Orders data came out together with the US Durable Goods Orders with the data lower-than-expected of 0.1% compared with the forecasted 0.5%.

The market slightly increased volatility during the data release cover but at the same time, the market did not react on the released datasets at all. The fundamental events cancelled one another out to make the data release pure flat.