Header help text

Start trading with a free $30

There is no better time than now
Your first deposit is on us

Grab your $30 from XM

by ForexNewsNow Team on October 27th, 2010

Core U.S. durable goods orders slide more than forecast

Indicator analysis - A manufacturing workerNEW YORK (Forex News Now) – New orders for long-lasting U.S. manufactured goods, excluding transportation items, slid more than expected in September, official data showed on Wednesday in one of the day’s major realtime forex news events.

In a report likely to impact currency market trading, the Census Bureau said core durable goods fell 0.8 percent month on month in September, after rising a revised 1.9 percent in August.

Analysts had expected September’s figure to come in at 0.4 percent, two major online FX trading news outlets reported.

Including transportation items, however, U.S. durable goods orders surged unexpectedly in September, the data showed. Orders rose 3.3 percent during the month, up from 1.7 percent growth in August.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))