Factory Orders in the US increased less than expected in August. US Dollar Index stays in daily consolidation channel below 94.00. New orders for manufactured goods, Factory Orders, in the US rose by $3.2 billion, or 0.7%, to $470.1 billion in August, the data published by the US Census Bureau showed on Friday. This reading followed July’s increase of 6.5% (revised from 6.4%) and missed the market expectation of 1%. “New orders for manufactured durable goods in August, up four consecutive months, increased $1.3 billion, or 0.5%, to $233.2 billion, up from the previously published 0.4% increase,” the publication further read. Market reaction The US Dollar Index largely ignored this report and was last seen posting modest daily gains at 93.79. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Bulls struggle to capitalize on the intraday positive move FX Street 2 years Factory Orders in the US increased less than expected in August. US Dollar Index stays in daily consolidation channel below 94.00. New orders for manufactured goods, Factory Orders, in the US rose by $3.2 billion, or 0.7%, to $470.1 billion in August, the data published by the US Census Bureau showed on Friday. This reading followed July's increase of 6.5% (revised from 6.4%) and missed the market expectation of 1%. "New orders for manufactured durable goods in August, up four consecutive months, increased $1.3 billion, or 0.5%, to $233.2 billion, up from the previously published 0.4% increase," the publication further read. Market reaction The… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
