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US: Durable Goods Orders rose 3.3% in April

FXstreet.com (Barcelona) - The Commerce Department has informed that orders for US long-lasting goods have increased 3.3% MoM during April, crushing expectations at +1.5%, and up from -5.9% (revised) in March.

If we strip the Transportation sector, orders expanded 1.3%, surpassing estimates at +0.5% although much better than June’s -1.7% (revised).

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USD/CHF bounces to 0.9641/42 after US durable goods

The USD/CHF recently bounced off the 0.9624 level following the publication of upbeat economic data in the US, recovering higher Friday.
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