United States Durable Goods Orders Increase 1.8% in September, Exceeding 0.6% Forecast

September's rise in US Durable Goods Orders exceeded market forecasts.
Above 102.00, the US Dollar Index retains modest gains on the day.

A 1.8% increase took new orders for manufactured durable goods in the United States (US) to $345.4 billion in September, a gain of $6.3 billion, according to figures released by the US Census Bureau on Tuesday. The rise exceeded market forecasts of 0.6%, following a decline of 0.1% in August.

The accompanying press release stated: "Excluding transportation, new orders increased 0.5%," adding: "Excluding defense, new orders increased 2.2%. Transportation equipment, up two of the last three months, led the increase, $5.2 billion or 4.6% to $119.8 billion."

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US Dollar holds gains after the release

Markets showed little response to the figures, with the US Dollar (USD) Index trading at 102.18 at the time of publication, a gain of 0.15% on the day.

US Dollar Performs Best Against Euro Today

The US Dollar (USD) recorded its strongest performance against the Euro today. Its percentage changes against the major currencies listed are set out in the table below.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.21%	0.09%	0.17%	0.03%	-0.24%	-0.40%	0.10%
EUR	-0.21%		-0.11%	0.00%	-0.17%	-0.41%	-0.62%	-0.11%
GBP	-0.09%	0.11%		0.08%	-0.07%	-0.33%	-0.50%	0.00%
JPY	-0.17%	0.00%	-0.08%		-0.15%	-0.43%	-0.59%	-0.11%
CAD	-0.03%	0.17%	0.07%	0.15%		-0.27%	-0.44%	0.06%
AUD	0.24%	0.41%	0.33%	0.43%	0.27%		-0.16%	0.33%
NZD	0.40%	0.62%	0.50%	0.59%	0.44%	0.16%		0.51%
CHF	-0.10%	0.11%	-0.01%	0.11%	-0.06%	-0.33%	-0.51%

Percentage movements between the major currencies are displayed in the heat map. Select the base currency in the left-hand column and the quote currency in the top row. Selecting the US Dollar on the left and following that row across to the Japanese Yen, for instance, gives the percentage change for USD (base)/JPY (quote) in the corresponding cell.