EUR/USD was on a declining trajectory prior to the releases of the macroeconomic reports out of the United States today. The disappointing numbers let the euro appreciate against the US dollar before the currency pair entered a period of consolidation later.
Durable goods orders slid 2.0% in November after gaining 0.5% (revised from 0.6% growth) in October. The forecast for November was a gain of 0.2%. (Event A on the chart.)
New home sales went up from the revised annual
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