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US: Durable Good Orders rose 3.6% in May

Fxstreet.com (Edinburgh) - The Commerce Department has informed that orders for US long-lasting goods have increased 3.6% MoM during May, bettering expectations at 3.0%, and matching 3.6% (revised) in the previous month. If we strip the Transportation sector, orders rose 0.7%, above estimates at 0.0% although below April’s 1.5% (revised).

USD/CHF is higher on US data

Durable Goods Orders (May) came in at 3.6% vrs consensus 1.8% and previous 3.5% Durable Goods Orders ex Transportation (May) came in at 0.7% vrs consensus 0.1% and previous 1.5%.
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