Durable goods orders – an index that shows how much buyers are ready to invest in the economy. It is an index that reacts swiftly to economic changes as it is directly linked to the buyers’ confidence. The minute consumers feel uncertain about their economy’s future, the demand for the national supply of goods falls. That is reflected in the performance of the national currency at once as it feels less support for the moment.

USD wasn’t thrilled about its report today as can be seen in this 12-hours chart. The currency went sliding down as it seems that American consumers’ faith in their country has also fallen.

Will dollar keep on falling or will it find necessary support? Find out using your trading signals!