EUR/USD 24.03. Downbeat US data. Euro trading at lows
The important report on durable goods orders in the United States has been released today.
US durable goods orders fell by 1.1%, while economists predicted an increase of 1%.
This once again indicates a slowdown in US economic growth.
However, the first round of $1,400 stimulus payments to 100 million Americans from the government arriving this month could change the statistics for March.
The euro is trading around its lows.
Hold sales from 1.1870. Buy in case the price breaks through 1.1950 upwards.
The material has been provided by InstaForex Company – www.instaforex.com