Shutterstock photo
Markets

U.S. factory orders jump more-than-expected in March

Shutterstock photo

Shutterstock photo

Forex Pros - U.S. factory orders rose significantly more-than-expected in March, official data showed on Tuesday.

In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 3% in March, after rising by 0.7% in February, whose figure was upwardly revised from a decline of -0.1%.

Economists had expected U.S. factory orders to rise by 1.9% in March.

Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD edging 0.04% lower to hit 1.4824.

Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average gained 0.15%, the S&P 500 index dipped 0.11%, while the Nasdaq Composite index eased up 0.05%.

Forex News

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.

Other Topics

ForEx

Latest Markets Videos