{"id":14537,"date":"2010-10-27T08:15:22","date_gmt":"2010-10-27T12:15:22","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14537"},"modified":"2010-10-27T08:15:22","modified_gmt":"2010-10-27T12:15:22","slug":"u-s-durable-goods-orders-on-tap-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/27\/u-s-durable-goods-orders-on-tap-2\/","title":{"rendered":"U.S. Durable Goods Orders on Tap"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; The U.S. dollar entered a bullish trend yesterday for the first time  in three months. This was due to speculation that the Federal Reserve  will increase debt purchases. The market has reacted positively to the  speculations, largely because they feel U.S. inflation will go up as a  result. Economists agree that this is a necessary step by the Fed, and  that it will have positive effects on the economy. This was enough the  support the dollar yesterday.<\/p>\n<p>However, this might have little effect on today\u2019s trading, due to the <a href=\"http:\/\/www.forexyard.com\/en\/calendar\">large amount of significant economic releases<\/a> from all over the world.<\/p>\n<p>Here are today\u2019s leading economic indicators:<\/p>\n<p>\u2022\t12:30 GMT, U.S. Core Durable Goods \u2013 This report measures the total  value of new purchase orders placed with manufacturers for durable  goods, excluding transportation items, which tend to distort the  underlying trend. If the end result will beat analyst\u2019s expectations for  a 0.4% rise, the dollar might rise further.<br \/>\n\u2022\t14:00 GMT, U.S. New Home Sales \u2013 This is one of the most significant  housing sector indicators in the U.S. and thus tends to have a large  impact on the market. Analysts have forecasted that 301,000 new homes  were sold on September. Such a result will mark the best figures in 3  months, and is likely to support the dollar.<br \/>\n\u2022\t20:00 GMT, New Zealand Official Cash Rate- This is in fact New  Zealand\u2019s interest rates announcement for the following month. Current  Expectations are that the Reserve Bank of New Zealand (RBNZ) will leave  rates at 3.00%. However, if the RBNZ will surprise and decide to hike  rates, the NZD might be boosted as a result.<\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/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; The U.S. dollar entered a bullish trend yesterday for the first time in three months. This was due to speculation that the Federal Reserve will increase debt purchases. The market has reacted positively to the speculations, largely because they feel U.S. inflation will go up as a result. Economists agree that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/10\/27\/u-s-durable-goods-orders-on-tap-2\/\" 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-14537","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14537","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=14537"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14537\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}