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One hour after the announcement of better numbers for the US durable goods orders, the current spot rates are as follows: –

EURUSD  1.3109

GBPUSD  1.5444

USDJPY  97.61

AUDUSD  0.9274

 

Basically, except for the EUR which continues to hold a weaker position down by 20bps from the time of announcement, the rest, that is, the GBP and JPY are flat and the AUD is 5bps higher than at 8:30pm.

Seems like the European and US markets are losing confidence in the US Dollar.  However, the Dow Jones is up 96 points this morning in New York.

I believe some calm or rationale has come back to the marketplace for now.

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