US July durable goods orders +1.1% vs +0.5% expected

Prior was +0.5% Ex transport +0.4% vs +0.8% exp Ex defense +1.3% vs +0.3% prior Non-defense capital goods ex air +0.2% vs +0.9% exp This is a softer report overall but the US dollar has been strengthening on the slightly-hotter PCE report released at the same time. The euro was last down 21 pips on the day to 1.1653. This article was written by Adam Button at investinglive.com.