- Durable Goods Orders in the US rose more than expected in September.
- US Dollar Index clings to small daily gains above 102.00.
New orders for manufactured Durable Goods in the United States (US) rose by $6.3 billion, or 1.8%, to $345.4 billion in September, the US Census Bureau reported on Tuesday. This reading followed a 0.1% decline recorded in August and came in better than the market expectation for an increase of 0.6%.
"Excluding transportation, new orders increased 0.5%," the press release read. "Excluding defense, new orders increased 2.2%. Transportation equipment, up two of the last three months, led the increase, $5.2 billion or 4.6% to $119.8 billion."
Market reaction
This report failed to trigger a noticeable market reaction. At the time of press, the US Dollar (USD) Index was up 0.15% on the day at 102.18.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Euro.
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.