U.S. durable goods dropped more than forecast in April, adding further downside pressure on the U.S. dollar.
Durable goods orders dipped 2.1 percent last month, following a revised of 2.6 percent increase in March. Analysts had predicted a 2.0 percent decrease.
The core reading showed no change after a 0.3 percent surge in March, compared to median estimates of 0.1 percent increase.
As of 12:39 GMT, the dollar continued to trade lower at 97.58, compared
to the session’s open at 97.71, set for a weekly loss.