Investing.com - U.S. factory orders fell in line with forecasts in February, official data showed on Monday.
In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted 1.7% last month, in line with the consensus forecast. Factory orders rose 1.2% in January, revised from the initial read of a 1.6% increase.
Excluding transportation, factory orders fell 0.8%, compared to the 0.6% drop in January that was revised from a 0.2% decline.
EUR/USD was trading at 1.1403 from around 1.1397 ahead of the release of the data, GBP/USD was at 1.4294 from 1.4286 earlier, while USD/JPY was at 111.36 compared to 111.37 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 94.44, compared to 94.49 ahead of the report.
Meanwhile, U.S. stock markets inched up after the open. The Dow 30 edged forward 0.03%, the S&P 500 advanced 0.05%, while the Nasdaq Composite gained 0.01%.
Elsewhere, in the commodities market, gold futures traded at $1,221.40 a troy ounce, compared to $1,221.0 ahead of the data, while crude oil traded at $37.13 a barrel from $36.96 earlier.