Core durable goods order is a real pick-me-up for the dollar. To put is simple – that is exactly what we need right now. A strong currency not afraid to show it teeth. Overall the numbers in the report that indicates how much the economy is going to have to produce goods and services in order to satisfy existing demand were good, which means that American economy is just as healthy as ever and the worries of traders were all in vain.
Right now the greenback is surging which is a direct result of traders believing in the currency and in its future. We can see that USD is showing us a perfect climb which means that traders are especially ready to put their trust in dollar.
Which couple are to be sold and what needs to be bought? Oh my! So many possibilities! Find all your movement with our trading signals!