Foreign Exchange Market Update

July 27, 2026

United States Durable Goods Orders Rise 0.3% in June

New orders for U.S. manufactured durable goods rose in June, according to a report released by the Commerce Department on Monday. The Commerce Department said durable goods orders rose by 0.3% in June after tumbling by 4.0% in May. The modest increase in durable goods orders partly reflected a 3.1% surge in new orders for computers and electronic products as well as a 1.1% jump in orders for primary metals.

Meanwhile, the Commerce Department said orders for transportation equipment dipped by 0.2% in June after plummeting by 13.5% in May. Excluding the decrease in orders for transportation equipment, durable goods orders climbed by 0.6% in June after surging by 1.8% in May.

The report also said orders for non-defense capital goods excluding aircraft, a key indicator of business spending, increased by 0.9% in June after jumping by 1.9% in May. Shipments in the same category, which is the source data for equipment investment in GDP, shot up by 1.9% in June after rising by 0.2% in May. 07/27/2026 - 09:48:00 (RTTNews)

German Business Sentiment Strengthens in July

Euros traded at 1.1375 against USD at 9:00 AM PST

German business confidence strengthened in July as companies became less pessimistic about future activity despite the uncertainty surrounding the war in the Middle East. The business climate index rose from 85.7 in the previous month to a five-month high of 86.6 in July. The reading was seen at 86.1. Current situation index posted 86.5 in July, down from 87.0 in the prior month.

In manufacturing, business confidence rose noticeably in July, logging a significant boost. Assessments of the current situation were somewhat less favorable. Demand picked up, and material shortages eased. Elsewhere, business climate in the service sector also improved. Service providers were less skeptical about the coming months. By contrast, they assessed the current business situation as slightly worse. In trade, business confidence strengthened once again. Companies were somewhat more satisfied with their current business. 07/27/2026 - 06:14:00 (RTTNews)

United Kingdom Retail Sales Decline at Slower Pace

British Pound traded at 1.3305 against USD at 9:00 AM PST

United Kingdom retailers reported a slower decline in sales in July. The retail sales balance rose from -54% in June to -26% in July. About 18% of retailers judged sales to be 'poor' in July compared to -40% in June. Online retail sales volumes decreased at a steep pace in the year, with the index falling from 0% in June to -47% in July. 07/27/2026 - 08:03:00 (RTTNews)

Singapore Tightens Monetary Policy

The Monetary Authority of Singapore (MAS) tightened its policy for the second time in a row to cap inflationary pressures. The central bank increased the rate of appreciation of the S$NEER policy band slightly. However, the extent of the increase was smaller than that in April. There will be no change in the width of the policy band and the level at which it is centered, the bank said. Although the policy tightening in April helped to dampen inflationary pressures, external price pressures are forecast to persist and pass through more broadly to domestic consumer prices in the period ahead. 07/27/2026 - 03:21:00 (RTTNews)