Fresh release for the US dollar

Fresh release for the US dollar

What will happen?

The United States will publish durable goods orders on May 27, at 15:30 MT time. This is an indicator of industrial activity, that shows how many long-lasting manufacturing goods (durable goods) are ordered from domestic manufacturers. Businesses and consumers generally buy durable goods when they are confident the economy is improving. This way, a rise in indicator’s figures pushes the American currency higher.

How to trade on the Durable Goods Orders?

Check the economic calendar for analysts’ forecasts. Before the release, wait for the actual figures to be published.

  • If the actual figures outperform expectations, the USD will rise.
  • In case of an alternative scenario, the US dollar will fall.

Instruments to trade: EUR/USD, GBP/USD, USD/JPY




Latest news

Can the UK CPI surprise?
Can the UK CPI surprise?

The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.

The US Retail Sales Update
The US Retail Sales Update

The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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