Tag Archive: US Factory Orders

U.S. Factory Orders Fall

New orders for U.S.-made goods fell more than expected in April, weighed down by declines in demand for transportation equipment and machinery, but the underlying trend continued to suggest strong momentum in the manufacturing sector. Factory goods orders decreased 0.8…
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GBP/USD – British Pound Higher as Construction PMI Beats Estimate

The British pound has moved upwards at the start of the week. In Monday’s North American session, GBP/USD is trading at 1.3384, up 0.25% on the day. On the release front, British Construction PMI remained unchanged at 52.5 in April,…
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USD/CAD – Canadian Dollar Gains Ground, Investors Look for Cues

The Canadian dollar has said the new trading week with gains. In Monday’s North American session, USD/CAD is trading at 1.2915, down 0.30% on the day. There is just one event on the calendar, with US Factory Orders expected to…
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EUR/USD – Euro Gains Ground at Start of Week

EUR/USD has recorded small gains in the Monday session. Currently, the pair is trading at 1.1694, up 0.30% on the day. On the release front, there are no major events in the eurozone or the U.S. The eurozone will release…
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Gold Gains Ground on Trade War Concerns

Gold has posted strong gains in the Thursday session, after trading sideways on Wednesday. In North American trade, the spot price for an ounce of gold is $1313.89, up 0.69% on the day. On the release front, unemployment claims edged up…
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GBP/USD – Pound Dips to 4-Month Low, British Services PMI Misses Estimate

The British pound continues to falter session and has edged lower in the Thursday session. In North American trade, GBP/USD is trading at 1.3551, down 0.16% on the day. On the release front, British Services PMI improved to 52.8, but…
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USD/CAD – Canadian Dollar Dips as Trade Deficit Jumps

The Canadian dollar has posted losses in the Thursday session, erasing the gains seen on Wednesday. USD/CAD is trading at 1.2846, down 0.29% on the day. On the release front, Canada releases trade balance, with the trade deficit expected to narrow…
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EUR/USD – Euro Shrugs off Soft Eurozone CPI

After three losing sessions, EUR/USD is in green territory in the Thursday session. Currently, the pair is trading at  1.1992, up 0.35% on the day. On the release front, Eurozone CPI Flash Estimate dropped to 1.2%, shy of the estimate…
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