Published on FXDD (http://forex.fxdd.com)
Forex News: US Durable Goods come in better than expected
By Greg Michalowski
Created Jul 25 2008 - 7:30am

Come in at +0.8 and Ex Transportation + 2.0. This is the largest reading this year.

Should be good for stocks and the dollar but the number does have a tendency to be volatile. 

Growing exports is reported to be contributing to the manufacturing sector.  A lower dollar makes US goods abroad more competitive.


Source URL: http://forex.fxdd.com/trading-news/5506/forex-news%3A-us-durable-goods-come-better-expected