Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for Factory Orders (MoM) yet - check back for updates.
The trading range of EURUSD was 54 pips following the most recent Factory Orders (MoM).
The most recent announced value for Factory Orders (MoM) was 0.6% against a forecast of 0.5%.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Factory Orders (MoM) result:
Country: | United States |
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Currency: | USD |
Source: | US Census Bureau |
Category: | Economic Activity |
Frequency: | Monthly |