Finally some good underlying data: core durable goods orders are up 0.5% in April, better than +0.3% expected. This also came on top of an(other) upwards revision to the March data to +0.6%. The headline orders number came out at -0.5% as expected, but on top of an upwards revision as well: 5.1% instead of 4.7% in March.

USD is stronger with EUR/USD sliding below 1.09 – more coming

Read the rest of the article Core durable goods orders beat expectations with +0.5% – USD higher