U.S. Dollar Index Steady Ahead Of Data, Snow

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The blizzard heading into the East Coast of the U.S. Monday evening and Tuesday has Forex traders paring back volumes Monday and looking ahead to Tuesday's U.S. data due at 8:30 a.m. ET. Durable Goods Orders for December are expected to be -2.0 percent versus -0.9 percent last month. The reading for Durable Goods ex-transportation for December is expected to increase 0.5 percent versus -0.7 percent in November. Consumer Confidence for January will be released at 10:00 a.m. ET and is expected to come in at 96.0 vs 92.6. New Home Sales for December will also be released at 10:00 a.m. ET; expectations are 440K vs 438K in November. The March U.S. Dollar index is virtually unchanged late Monday at 95.07.
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