Investing.com - U.S. factory orders fell less than expected in June, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders decreased by a seasonally adjusted 1.5% in June, better than forecasts for a decline of 1.8%. Factory orders fell 1.2% in May, in a revision from the initial read of a 1.0%
Factory orders excluding transportation gained 0.4% in June. May’s reading saw a gain of 0.2%, upwardly revised from the initial read of a 0.1% increase.
Immediately following the report, EUR/USD was trading at 1.1142 from around 1.1138 ahead of the release of the data, GBP/USD was at 1.3122 from 1.3126 earlier, while USD/JPY was at 101.06 compared to 101.16 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was unchanged at 95.65.
Meanwhile, U.S. stock markets traded lower after the open. The Dow 30 slipped 0.04%, the S&P 500 shed 0.10%, while the Nasdaq Composite fell 0.09%.
Elsewhere, in the commodities market, gold futures traded at $1,369.75 a troy ounce, compared to $1,369.55 ahead of the data, while crude oil traded at $40.63 a barrel from $40.89 earlier.