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EUR/USD: US Durable Goods Orders

The Greenback weakened against the Eurozone’s single currency, following the US Durable Goods Orders data release on Friday. The EUR/USD currency pair gained 2 pips, or 0.01%, to continue fluctuating in the 1.1655 area.

The Census Bureau simultaneously released two data sets, where Durable Goods Orders data came out lower-than-expected of negative 1.7%, which was one of the main reason for currency price to weaken.

In the contrary, Core Durable Goods Orders came out better-than-expected of 0.9%, which didn’t let the EUR/USD currency pair to weaken too much, leaving the overall price fluctuations flat.

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