Factory Orders in the US rose less than expected in May. US Dollar Index stays in the negative territory near 97.00. New orders for manufactured goods, Factory Orders, in the US rose by $30.5 billion, or 8%, to $412.8 billion in May, the data published by the US Census Bureau showed on Thursday. This reading followed April’s decline of 13.5% and came in slightly worse than the market expectation for an increase of 8.9%. Further details of the publication revealed that new orders for manufactured durable goods in May increased by $26.3 billion, or 15.7%, to $193.8 billion. Market reaction The US Dollar Index largely ignored this data and was last seen losing 0.18% on the day at 96.97. 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 EUR/GBP Price Analysis: Struggles near weekly lows, around 0.9000 mark FX Street 3 years Factory Orders in the US rose less than expected in May. US Dollar Index stays in the negative territory near 97.00. New orders for manufactured goods, Factory Orders, in the US rose by $30.5 billion, or 8%, to $412.8 billion in May, the data published by the US Census Bureau showed on Thursday. This reading followed April's decline of 13.5% and came in slightly worse than the market expectation for an increase of 8.9%. Further details of the publication revealed that new orders for manufactured durable goods in May increased by $26.3 billion, or 15.7%, to $193.8 billion. Market reaction… 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.
