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NEW YORK, March 25 (Xinhua) -- The U.S. dollar traded mixed against other major currencies on Wednesday as data showed the country's durable goods orders fell more than expected.
U.S. Department of Commerce reported on Wednesday that new orders for manufactured durable goods in February decreased 3.2 billion dollars or 1.4 percent to 231.3 billion dollars Cheap Cowboys Hoodies , well below market consensus of a modest gain of 0.7 percent.
"Weak foreign demand, tough competition from cheaper imports and lower commodity prices will continue to weigh on domestic manufacturers in the foreseeable future," said Jay Morelock, an economist at FTN Financial, in a note.
Meanwhile Cheap Cowboys Shirts , the euro climbed against the U.S. dollar as upbeat data from Germany showed the largest economy in Europe had rebounded greatly in the first quarter of this year.
The Ifo Business Climate Index for industry and trade