- Durable goods orders recover and rise again.
- Main index below expectations, but other indicators rise more than expected.
- More US data in a few minutes.
The report of durable goods orders showed a rise of 0.8% in March, below the expected increase of 1%. This follows a February drop of 1.7%, which was revised from -2.2%.
The orders regardless of defense thad a rise of 1.2% without considering transport the advance was 1.1% and not taking into account defense and aviation from 1%. All these indicators exceeded expectations.
Later on Tuesday, as seen on the economic calendar, the US is due to release data on home prices, new home sales, consumer confidence and manufacturing activity.
The dollar was not affected by the data. The US Dollar Index (DXY) trades at 101.97, the highest level since March 2020.
Source: Fx Street
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