Tuesday, January 27, 2015

Mid-Day Report: Dollar Lower after Poor Durable Goods Orders

Dollar weakens in early US session after weaker than expected economic data. Durable goods orders tumbled -3.4% in December versus expectation of 0.5%. Ex-transport orders also dropped -0.8% versus expectation of 0.6%. That's also the fourth month of decline is the headline orders which suggested that global slowdown could be



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