Strong Rebound in U.S. Durable Goods Orders to Fuel EUR/USD Pullback
August 25, 2016 at 09:07 AM EDT
A 3.4% rebound in orders for U.S. Durable Goods may boost the appeal for the greenback and spur a larger pullback in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to raise the benchmark interest rate in 2016.
