US factory orders declined more than expected

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP

US factory orders dropped more than projected in October, decreasing for the second month in line, according to official data. Factory orders decreased by 0.4% on a seasonally adjusted basis in October while analysts expected 0.3% decline. After the data release greenback edged down against the euro. EUR/USD thus gained 0.55% to 1.3467.

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