The Greenback weakened against the Eurozone's single currency, following the US Durable Goods Orders data release on Thursday. The EUR/USD currency pair gained only eight pips, or 0.07%, to continue fluctuating in the 1.2187 area.
The Census Bureau released two data simultaneously, where Core Durable Goods Orders came out less-than-expected of 0.0%, however Durable Goods Orders came out better-than-expected of 2.6%. Moreover, Unemployment Claims turned out to be 209K in March.
However, the biggest fluctuations in the EUR/USD currency pair were made during the European Central Bank president Mario Draghi speech, where the real action started to take place right after the 12:30 GMT.
Historical Data Table: US Durable Goods Orders | Economic Calendar for 26.04.2018 | ||||||||
Date | 22.12.2017 | 26.01.2018 | 27.02.2018 | 23.03.2018 | 26.04.2018 | 2:30 PM | US Natural Gas Storage | ||
Actual | 1.70% | 2.80% | -3.70% | 3.00% | 2.60% | 10:45 PM | NZD Trade Balance | ||
Forecast | 2.10% | 0.90% | -2.40% | 1.60% | 1.60% | 11:01 PM | GfK Consumer Confidence | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.75735 | 0.75748 | 0.02% | AUD/USD | 74.46% | 25.54% | |||
EUR/USD | 1.2168 | 1.21761 | 0.07% | EUR/USD | 60.75% | 39.25% | |||
USD/JPY | 109.169 | 109.175 | 0.01% | USD/JPY | 47.86% | 52.14% | |||
NZD/USD | 0.70774 | 0.70793 | 0.03% | NZD/USD | 47.61% | 52.39% |