In May, factory orders in the United States increased more than predicted.
After the data, the US Dollar Index is hovering around 92.50.
Factory orders in the United States increased by $8.1 billion, or 1.7 percent, to $495.5 billion in May, according to figures released by the US Census Bureau on Friday. Following a 0.1 percent decline in April, this data came in somewhat higher than the market’s anticipation of a 1.5 percent growth.
“Shipments grew $3.3 billion or 0.7 percent to $490.4 billion, up twelve of the last thirteen months,” the publication continued. “In April, the ratio of unfulfilled orders to shipments was 6.95, up from 6.88 in April.”
Market players mostly ignored the report, and the US Dollar Index ended the day at 92.52, unchanged on the day./n
