The data published by the US Census Bureau revealed on Wednesday that new orders for manufactured goods - Factory Orders - increased $6.7 billion, or 1.2%, to $586.1 billion in August. This print followed the 2.1% decrease recorded in July and came in better than the market expectation for an increase of 0.3%.
"New orders for manufactured durable goods in August, up five of the last six months, increased $0.4 billion or 0.1 percent to $284.7 billion, down from the previously published 0.2 percent increase," the publication read.
The US Dollar Index recovered modestly from daily lows after this data and was last seen losing 0.2% on the day at 106.85.