Top Stories
by ForexNewsNow Team on July 28, 2010

U.S. durable goods orders decline unexpectedly

forex trading  currency trading  online forexNEW YORK (Forex News Now) – The number of U.S. factory orders for durable goods declined unexpectedly in June, official data showed on Wednesday in one of the day’s spotlight FX news events.

Commerce Department data showed earlier that demand for durable goods from American factories fell 1 percent in June, after a fall of 0.8 percent in May. Analysts had expected an increase of 0.9 percent, two global forex news outlets reported.

Excluding the volatile transportation sector, new orders decreased 0.6 percent.

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))