Investing.com - U.S. factory orders fell for the sixth consecutive month in January, dampening optimism over the strength of the economy, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted 0.2% in January, disappointing expectations for a 0.25 increase.
Factory orders fell by 3.5% in December, whose figure was revised from a previously reported decline of 3.4%.
EUR/USD was trading at 1.1035 from around 1.1025 ahead of the release of the data, GBP/USD was at 1.5238 from 1.5240 earlier, while USD/JPY was at 120.07 compared to 120.05 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 96.32, compared to 96.34 ahead of the report.
Meanwhile, U.S. stock markets mildly higher after the open. The Dow 30 rose 0.25%, the S&P 500 advanced 0.2%, while the Nasdaq 100 picked up 0.35%.
Elsewhere, in the commodities market, gold futures traded at $1,200.80 a troy ounce, compared to $1,201.40 ahead of the data, while crude oil traded at $51.16 a barrel from $51.42 earlier.