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US: Druable goods orders decline 2.1% in April vs. -2% expected

The data published by the U.S. Census Bureau today showed that durable doos orders in April contracted by 2.1% following March's 2.8% growth and came in slightly worse than the market expectation of -2%. Further details of the report revealed that durable good orders excluding transportation stayed unchanged in the same period while the orders excluding defense declined by 2.5%. 

With the initial market reaction, the US Dollar Index extended its daily slide and was last seen losing 0.15% on a daily basis at 97.70.

United States Durable Goods Orders ex Transportation below expectations (0.2%) in April: Actual (0%)

United States Durable Goods Orders ex Transportation below expectations (0.2%) in April: Actual (0%)
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USD/CAD returns to mid-1.34s as oil rebound weighs

Despite the broad-based USD weakness on Thursday, the USD/CAD pair rose above the 1.35 mark as the commodity-related loonie came under a heavy selling
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