The euro strengthened vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4725 level and was supported around the $1.4615 level. Group of Twenty officials are said to be preparing a statement that says they will continue to support the global economy and the U.S. dollar suffered as a result. There is also a report that G20 members will be required to have their economic policies reviewed by their peers. Data released in the U.S. today saw August headline durable goods orders off 2.4%, far below expectations and the revised 4.8% print in July, while the ex-transportaton component was flat at +0.0%, down from the revised +0.9% print in July. Also, September University of Michigan consumer sentiment came in stronger-than-expected at 73.5, up from the prior reading of 70.2. Additionally, August new home sales were up 0.7% m/m, a lighter-than-expected annualized 429,000 rate. In eurozone news, German GfK consumer confidence improved to 4.3 in October from 3.7 in September. Also, the EMU-16 M3 money supply expanded 2.5% y/y in August, less-than-expected. The Federal Reserve, European Central Bank, Bank of England, Bank of Japan, and Swiss National Bank yesterday announced they will extend their liquidity-providing facilities and operations through January 2010. The euro's upside may be pressured by continued strong selling pressure against sterling. Bank of England Governor has been quoted as saying sterling's recent weakness has been helpful in addressing economic imbalances. Euro bids are cited around the US$ 1.3900 figure.