|

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.

 USDEURGBPCADAUDJPYNZDCHF
USD -0.52%-0.08%-0.44%-0.15%-0.22%-0.25%-0.22%
EUR0.52% 0.43%0.08%0.37%0.30%0.26%0.30%
GBP0.14%-0.43% -0.35%-0.06%-0.13%-0.19%-0.13%
CAD0.44%-0.09%0.35% 0.26%0.22%0.18%0.19%
AUD0.15%-0.34%0.11%-0.27% -0.04%-0.10%-0.04%
JPY0.22%-0.28%0.15%-0.22%0.07% -0.07%0.00%
NZD0.28%-0.27%0.17%-0.18%0.10%0.04% 0.01%
CHF0.22%-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.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

More from Eren Sengezer
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.