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Dollar weakens as U.S. May durable goods orders miss estimates

Published 06/26/2017, 11:02 AM
Updated 06/26/2017, 11:02 AM

Investing.com - The dollar weakened Monday as U.S. May durable goods missed estimates, official data showed.
Thedollar index fell back below the 97 mark and was trading off 0.10% at 96.91 at 10:30 ET.
Core durable orders were up 0.1% last month against a forecast rise of 0.5% and a fall of 0.5% in April.
Headline orders were down 1.1% month-on-month when they were forecast to fall by only 0.6%.
The durable goods orders report highlighted increased doubts about a further U.S. rate hike this year.
The market odds of a December hike currently stand at only 36%.

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