24 pips potential profit in 42 seconds on 22 November 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US Durable Goods Orders data
According to our analysis USDJPY and EURUSD moved 24 pips on US Durable Goods Orders data on 22 November 2023.
USDJPY (15 pips)
EURUSD (9 pips)
Charts are exported from JForex (Dukascopy).
In October 2023, new orders for manufactured durable goods in the United States decreased by $16.0 billion or 5.4 percent to $279.4 billion, marking the third decline in the last four months. This followed a 4.0 percent increase in September. Excluding transportation, new orders remained relatively unchanged, while excluding defense, new orders decreased by 6.7 percent. The decline was driven by the transportation equipment sector, which saw a significant drop of $16.0 billion or 14.8 percent to $92.1 billion. The U.S. Census Bureau will continue to monitor and report on durable goods manufacturing trends.
Source: https://www.census.gov/manufacturing/m3/adv/current/index.html
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