Investing.com - U.S. factory orders rose less than expected in January, although they increased for the first time since October, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders increased by a seasonally adjusted 1.6%, worse than forecasts for an advance of 2.0%. Factory orders fell 2.9% in December.
EUR/USD was trading at 1.0935 from around 1.0914 ahead of the release of the data, GBP/USD was at 1.4143 from 1.4114 earlier, while USD/JPY was at 113. compared to 113.49 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 97.75, compared to 97.91 ahead of the report.
Meanwhile, U.S. stock markets traded in the red after the open. The Dow 30 slipped 0.29%, the S&P 500 shed 0.33%, while the Nasdaq Composite fell 0.29%.
Elsewhere, in the commodities market, gold futures traded at $1,250.80 a troy ounce, compared to $1,248.40 ahead of the data, while crude oil traded at $34.44 a barrel from $34.47 earlier.
The data was released at the same time that it was reported that the U.S. ISM non-manufacturing PMI fell to 23-month low in February