US March durable goods orders +0.8% vs +1.0% expected

• Prior was -2.2%
• Durables ex-transportation +1.1% versus +0.6% expected
• Prior ex-transportation +0.6%
• Durable ex defense +1.2% versus -2.7% prior
• Nondefense capital ex air +1.0% versus +0.5% expected.
• Prior month was -0.2%
• Shipments +1.2% vs 0.0% prior (up in 10 of last 11 months)
• Unfilled orders +0.4% vs +0.4% prior (up in 14 consecutive months)
• Inventories +0.7% vs +0.4% prior (up in 14 consecutive months as well)

Orders have risen in five of the past six months. The latest increase was led by a 2.6% rise in orders for computers and electronic equipment.

EUR EUR The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value Read this Term/USD is at a new low after the report.