The Commerce Department is scheduled to release its durable goods orders report for April at 8:30 am ET Tuesday. Economists expect durable goods orders for the month to have declined by 0.5 percent compared to the previous month.
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The greenback was trading at 122.74 against the yen, 1.0923 against the euro, 1.5392 against the pound and 0.9481 against the franc as of 8:25 am ET.
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