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EUR/USD challenges weekly lows after mixed Durable Goods Orders

US Durable Goods Orders were up a measly 0.4% in August, missing expectations of 1.0%, although Nondefense Capital Goods Orders ex Aircraft jumped 1.8%. Equities bounce from lows, but the dollar maintains its strength.

EUR/USD News

USD/JPY clings to gains near mid-105.00s, over 1-week tops post-US macro data

USD/JPY turns positive for the fifth consecutive session amid resurgent USD demand. The USD bulls largely shrugged off Friday’s disappointing US Durable Goods Orders. A weaker tone around the equity markets also did little to dent the bullish sentiment.

USD/JPY News

GBP/USD loses 1.2700 as the dollar keeps rallying

GBP/USD approaches its weekly low at 1.2674 as demand for the American currency extends into the final trading session of the week. Hopes for a UK trade deal with the EU doing little for Sterling.

GBP/USD News

XAU/USD hangs near 2-month lows, bears await a break below 100-DMA

Gold failed to capitalize on the previous day's modest rebound from the vicinity of 100-day SMA support, instead met with some fresh supply on Friday. 

Gold News

WTI: Sellers continue to lurk near $40.80

WTI (futures on NYMEX) turns south towards the $40 mark in the European session, having faced rejection above $40.50 on several occasions.

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