{"id":10516,"date":"2010-06-24T08:26:09","date_gmt":"2010-06-24T12:26:09","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=10516"},"modified":"2010-06-24T08:26:09","modified_gmt":"2010-06-24T12:26:09","slug":"u-s-durable-goods-orders-on-tap","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/24\/u-s-durable-goods-orders-on-tap\/","title":{"rendered":"U.S. Durable Goods Orders on Tap"},"content":{"rendered":"<p><strong>By Yan Petters <\/strong>&#8211; Yesterday\u2019s most significant publication was the Federal Funds Rate.  This is in fact the U.S. Interest Rates announcement for July. The Fed\u2019s  decided to leave rates at a record low, and even pledged to keep the  low rates in the near future. This has weakened the Dollar, especially  vs. the Euro and the Pound. As a result, crude oil tumbled as well, and a  barrel of crude oil is currently trading around $76 a barrel. However,  positive U.S. data today might have potential to correct yesterday\u2019s  losses.<\/p>\n<p>Here are today\u2019s leading news events:<\/p>\n<p>\u2022\t09:00 GMT, European Industrial New Orders \u2013 It\u2019s a leading  indicator of production. A positive figure usually signals that  manufacturers will increase activity as they work to fill the orders. If  the end result will beat expectations for 1.6% rise, the Euro is likely  to be supported.<\/p>\n<p>\u2022\t12:30 GMT, U.S. Core Durable Goods Orders \u2013 This indicator measures  the change in the total value of new purchase orders placed with  manufacturers for durable goods, excluding transportation items.  Analysts have forecasted that the Durable Goods Orders rose by 1.1%  during May. Such a result has potential to boost the Dollar.<\/p>\n<p>\u2022\t12:30 GMT, U.S. Unemployment Claims \u2013 This report  measures the number of individuals who filed for unemployment insurance  for the first time during the past week. If the end result will be lower  than the expected 461,000 \u2013 the Dollar might rise against the majors.<\/p>\n<p><strong><em>Forex Market Analysis<\/em> provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                Yard.<\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                may not be suitable for all investors. There is a     possibility      that     you   could sustain a loss of all of your     investment and      therefore  you     should  not invest money that you     cannot afford to      lose. You  should  be    aware of  all the   risks   associated with   Foreign    Exchange  trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Yan Petters &#8211; Yesterday\u2019s most significant publication was the Federal Funds Rate. This is in fact the U.S. Interest Rates announcement for July. The Fed\u2019s decided to leave rates at a record low, and even pledged to keep the low rates in the near future. This has weakened the Dollar, especially vs. the Euro &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/06\/24\/u-s-durable-goods-orders-on-tap\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Durable Goods Orders on Tap&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10516","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=10516"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10516\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=10516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=10516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=10516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}