- Durable goods orders in the US increase by $7.3 billion in March.
- The US Dollar Index is holding on to small daily gains below 106.00.
Durable goods orders in the US rose 2.6% in March, the US Census Bureau reported Wednesday. This reading followed the 0.7% increase (revised from 1.4%) recorded in February. In total, orders rose by $7.3 billion to $283.4 billion in March
“Excluding transportation, new orders increased 0.2%,” the US Census Bureau said in the press release, “Excluding defense, new orders increased 2.3%. Transportation equipment, which also rose for two consecutive months, led the increase, with 6.8 billion dollars (7.7%), up to 95.9 billion dollars.”
Market reaction
These figures do not appear to have a significant impact on the US Dollar Index, which is up 0.15% on the day, to 105.85.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
