The US Dollar closed the week recovering most of the losses from a week ago. Despite weak durable goods orders which fell -1.0% on the core and -2.80% on the headline and mixed existing and new home sales numbers, the Dollar managed to keep its steady pace of gains. Friday's final revision to the fourth quarter GDP saw the US economy revised higher to 1.40% annual growth, up from the previous estimate of 1.0%.
Dollar Strengthens on Fed Statements, Q4 GDP
Weekly Report - 27/03/2016