Investing.com – U.S. factory orders rose unexpectedly in December, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders increased by a seasonally adjusted 0.2% in December, after rising by 1.3% in November, whose figure was revised up from 0.7%.
Economists had expected U.S. factory orders to fall by 0.5% in December.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD plunging 1.32% to hit a three-day low of 1.3627.
Meanwhile, U.S. equity markets were down. The Dow Jones Industrial Average slumped 0.41%, the S&P 500 index dropped 0.47%, while the Nasdaq Composite index was down 0.49%.
In a report, the U.S. Census Bureau said factory orders increased by a seasonally adjusted 0.2% in December, after rising by 1.3% in November, whose figure was revised up from 0.7%.
Economists had expected U.S. factory orders to fall by 0.5% in December.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD plunging 1.32% to hit a three-day low of 1.3627.
Meanwhile, U.S. equity markets were down. The Dow Jones Industrial Average slumped 0.41%, the S&P 500 index dropped 0.47%, while the Nasdaq Composite index was down 0.49%.