Tuesday, May 27, 2014

Mid-Day Report: Dollar Recovers as Durable Orders Unexpectedly Grew, Other Data Solid

Dollar attempts to strength in early US session on the back of better than expected data. The headline durable goods orders rose 0.8% in April versus expectation of -0.5% fall. Ex-transport orders rose 0.1%, just missing consensus of 0.2%. The S&P Case-shiller 20 cities house price index rose 12.4% yoy



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