Tag: currencies

Daily Market Analysis: 24 November 2016

by Christala Parmaxi, CFTe, Harborx Investment Analyst Overview US Dollar The better-than-expected US Core Durable Goods Orders figure has boosted the US Dollar to the new highs and reignited the greenback’s rally to the upside as new record highs were recorded for the major currency after two days of consolidation. The core Durable Goods orders were expected at 0.2% while the actual change in the total value of October’s new orders came out at 1%, the highest figure since July 2016. However, October’s US New Home Sales dropped by almost 2%, with September’s......

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