U.S. durable goods orders dropped more than forecast in March, data released by the Commerce Department on Tuesday showed.
Durable goods orders slumped 1.6 percent last month, following a revised of 0.3 percent increase. Analysts had predicted a 1.1 percent plunge.
The core reading showed a 0.1 percent rise, compared to both revised prior and expected readings of -0.2 percent and 0.3 percent respectively.
As of 13:22 GMT, the dollar snapped some of its earlier gains, falling
to 96.94 after hitting a session peak at 97.03, the highest level since March