U.S. factory orders fall more-than-expected in June

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Forexpros - U.S. factory orders fell more-than-expected in June, official data showed on Wednesday.

In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 0.8% in June, above expectations for a 0.5% decline.

The previous month's figure was revised down to a 0.6% gain from a previously reported 0.8% increase.

Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD climbing 0.74% to trade at 1.4310.

Meanwhile, U.S. stock markets were modestly higher after the open. The Dow Jones Industrial Average eased up 0.05%, the S&P 500 index added 0.15%, while the Nasdaq Composite index gained 0.45%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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