Following the drop in orders for durable goods from 0.6% forecast to -0.6%, the worse than expected results left many investors unsure about the market condition. The US data led to the dollar posting some mixed results against other major forex currencies. The Japanese yen posted gains against the dollar, following the latest figures on US durable goods orders and the Federal Reserve claiming that there will be slow economic boom in some areas. The USD/JPY posted a high of 88.11 and a low of 87.25. Against the dollar, the British pound also remained nearly unchanged, as the GBP/USD pair traded between 1.5544 and 1.5638. Finally, the EUR/USD posted a low of 1.2966 and a high of 1.3042.

The stock market also weakened, as Dow Jones and NASDAQ fell by 0.38% and 1.04%, respectively. Gold closed at $1,1160.4/ounce after gaining by 0.2%, while crude oil fell by 0.7% and ended up at $77/barrel. It is expected that the Unemployment Claims will rise to 457K from 464K.