The dollar has fallen into the board after a weaker than expected in the United States entries goods long-lived magazine, the increase in concern that the Fed, interest rates may reduce by at least once or twice during the first half of next year. The currency weakened to 1.4640, and against the euro fell to around 113.60 against the yen.
Use of goods Backlog increased 0.1% in November to 0.2% after a decline during the previous month, well below the estimate of 2.0%. Without transportation, major durable consumer goods fell by 0.7%, compared to the estimate of 0.3% and a month before ¡¯ s reading of -0.4%. Use of property of the defence without increased from 1.2% above the estimate of 0.4%. According to the report, the dollar plunged to a very low 1.45 to 1.46 at the approach vis-à-vis the euro.
Other data released today, had little impact on the foreign exchange market. Weekly initial claims rose from 346k to 342.5k as planned. Consumer confidence in the United States has risen from 87.3 to 88.6, hope to beat 86.5.
Use of goods Backlog increased 0.1% in November to 0.2% after a decline during the previous month, well below the estimate of 2.0%. Without transportation, major durable consumer goods fell by 0.7%, compared to the estimate of 0.3% and a month before ¡¯ s reading of -0.4%. Use of property of the defence without increased from 1.2% above the estimate of 0.4%. According to the report, the dollar plunged to a very low 1.45 to 1.46 at the approach vis-à-vis the euro.
Other data released today, had little impact on the foreign exchange market. Weekly initial claims rose from 346k to 342.5k as planned. Consumer confidence in the United States has risen from 87.3 to 88.6, hope to beat 86.5.
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