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Durable goods orders decline impacting USD
Investing·
US durable goods orders fell more than anticipated in February, raising concerns about the economic outlook and potentially affecting the US Dollar's trajectory. This weaker-than-expected data suggests a slowdown in manufacturing and business investment, which could influence Federal Reserve policy decisions. The decline casts a shadow over the greenback's strength and signals potential headwinds for the US economy.
Tags
macro
economy
forex
Original Source
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