FXstreet.com (Buenos Aires) - A worst than than expected reading in U.S. Durable Orders, triggered a risk aversion rally favoring greenback across the board. Durable Orders print a -2.4% from a previous revisited to the downside 4.8%, Core Durable Goods come also to the downside, printing 0.0% from an previous reading of 1.1%.
U.S. futures are falling sharply, and gold approaches to daily low. Risk aversion is supporting a dollar upside run, with EUR/USD at 1.4630 and GBP/USD at 1.5934, both quite close to daily lows. Break under such levels could trigger more upside momentum for greenback.