• United States Factory Orders (MoM) climb 2.8% in September

Market news

2 November 2023

United States Factory Orders (MoM) climb 2.8% in September

Factory Orders (MoM) in the United States climbed 2.8% in September, exceeding the 2.3% rise expected by markets. In August, United States Factory Orders (MoM) had risen by a revised 1% compared with the 1.2% rise previously estimated.

What is the United States Factory Orders (MoM)?

The Factory orders released by the United States Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

When is the next United States Factory Orders (MoM) report released?

The next United States Factory Orders (MoM) data will be published on December 4 at 15:00 GMT. For more information, check the United States Factory Orders (MoM) entry in FXStreet Calendar.

US Dollar price today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Euro.

  USD EUR GBP CAD AUD JPY NZD CHF
USD   -0.52% -0.08% -0.44% -0.15% -0.22% -0.25% -0.22%
EUR 0.52%   0.43% 0.08% 0.37% 0.30% 0.26% 0.30%
GBP 0.14% -0.43%   -0.35% -0.06% -0.13% -0.19% -0.13%
CAD 0.44% -0.09% 0.35%   0.26% 0.22% 0.18% 0.19%
AUD 0.15% -0.34% 0.11% -0.27%   -0.04% -0.10% -0.04%
JPY 0.22% -0.28% 0.15% -0.22% 0.07%   -0.07% 0.00%
NZD 0.28% -0.27% 0.17% -0.18% 0.10% 0.04%   0.01%
CHF 0.22% -0.29% 0.13% -0.22% 0.04% 0.00% -0.06%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

An automation tool was used in creating this post.

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