Afternoon Forex Overview

The euro weakened Friday morning against the dollar after worse-than-expected U.S. durable goods data threw cold water on a possible risk rally. In another sign of a pause in economic recovery, durable goods dropped 2.4% in August to USD164.44 billion. Economists had expected a gain of 0.3%.

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This entry was posted on Friday, September 25th, 2009 at 9:20 pm and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.