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US Durable Goods Orders rebound in May, business spending ebbs

US Durable Goods Orders rebound in May, business spending ebbs
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Chicago , Illinois , United-states , Boeing , Company-of-chicago , Federal-reserve , Monetary-policy-committee , Capital-goods-orders , Capital-goods , Durable-goods , Boeing-company

EUR/USD Forecast: New week, new month, new falls? Why bears are ready to take over

Calm between the storms – bank holidays in the US and the UK allow the euro to recover from Friday's storm, but there are reasons to resume its falls.

Germany , China , United-states , United-kingdom , Chinese , America , European-central-bank , Federal-reserve , Core-personal-consumption-expenditure , Durable-goods-orders , Consumer-price-index

EUR/USD Forecast: Big budget, end-of-month flows and downside momentum all point lower


5/28/2021 7:33:17 AM GMT
EUR/USD has been edging lower as US yields rise and ahead of US data. 
Biden's big-budget and a correction of some of the dollar falls in May could push the pair lower.
Friday's four-hour chart is showing momentum has turned negative.
How far does $6 trillion go? In the short term, a mere press report about President Joe Biden's fiscal 2022 budget is pushing the dollar higher. While stock cheer the prospects of more government investment and faster growth, the specter of larger US debt weighs on bonds. Treasury yields are rising and the greenback follows. 
Will this trend continue? The dollar has also received a boost from Thursday's mostly upbeat economic releases and Friday's publications could add fuel to the fire. While headline Durable Goods Orders disappointed with a drop, the non-defense ex-air component – aka "core of the core" surprised with a leap of over 2%.

United-kingdom , France , Isabel-schnabel , Joe-biden , European-central-bank , Federal-reserve , President-joe-biden , Durable-goods-orders , Domestic-product , Personal-income , Personal-spending , Core-personal-consumption-expenditure

Forex Today: Markets cheer Biden's budget, dollar rises, Fed's preferred inflation figure eyed

Here is what you need to know on Friday, May 28: The market mood is cheerful amid reports of a large US budget and upbeat US figures. The dollar is ed

India , Washington , United-states , White-house , District-of-columbia , Gertjan-vlieghe , Joe-biden , Sterling , Federal-reserve , Memorial-day , Durable-goods-orders , Personal-income

AUD/USD ignores three-day uptrend of S&P 500 Futures to drop towards 0.7700

AUD/USD prints mild losses as sellers attack intraday low. Firmer US Treasury yields help greenback to remain strong. Japan eyes extension of emergency,

China , Australia , Japan , Tokyo , Aussie , Janet-yellen , Yasutoshi-nishimura , Joe-biden , Reuters , Personal-consumption-expenditure , Price-index , Economy-minister-yasutoshi-nishimura

NZD/USD consolidates recent gains below 0.7300 against all odds

NZD/USD takes offers around 0.7265, down 0.21% while refreshing intraday low, during early Thursday. In doing so, the kiwi pair trims the previous day

Beijing , China , Australia , New-zealand , Chinese , Adrian-orr , Joe-biden , Drug-administration , Federal-reserve , Reserve-bank , Governor-adrian-orr , Durable-goods-orders

Forex Today: Dollar moves on taper talks, stocks supported by US-Sino talks, data eyed

Here is what you need to know on Thursday, May 27: Markets are relatively calm as the end of the month draws near. The dollar is backed by subtle tape

Germany , United-states , India , United-kingdom , Washington , White-house , District-of-columbia , China , Elong , Hainan , France , Britain