Forexpros – U.S. factory orders rebounded in February, but less than analysts expected, official data showed on Monday.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 1.3% in February, below expectations for a 1.5% gain.
Factory orders in January fell by 1.1%. The figure was revised from a previously repotted decline of 1.0%.
Following the release of the data, the U.S. dollar was flat against the euro, with EUR/USD trading at 1.3320.
Meanwhile, U.S. stock markets remained mixed. The Dow Jones Industrial Average dipped 0.15%, the S&P 500 index declined 0.15%, while the Nasdaq Composite index added 0.2%.
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