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More solid US economic data may not be enough to save USD/CAD bulls

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In a relatively quiet week for US economic data, the few economic reports that are scheduled for release are all backloaded toward the end of the week. This morning, US traders got their first looks at the Durable Goods Orders and Initial Jobless Claims reports. “Durable goods” are products that are expected to last at least three years, including things like automobiles, airplanes, appliances, and computers. Because of their generally high costs and long lives, buyers often finance these

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