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US Durable Goods orders rise more than expected- EUR/USD edges lower

US durable goods order were expected to fall by around 1%. They have just this minute been released and they have actually risen by nearly 1%. The headline number has risen by 0.9%. The immediate reaction across the markets has seen the dollar nudge a bit higher versus Euro and the Yen, but it has certainly not broken any fresh ground. The US equity futures are rather mixed still too, with modest gains in the Dow Jones offset by modest losses in the Nasdaq 100 and S+P 500 ahead of the opening in just under an hour from now. There will be more to as and when. Meantime the EUR/USD is once again drifting lower. Earlier today it managed to poke its head back above 1.0800, but that move has now petered out. It is currently trading at 1.0787
 

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