FX : U.S. Factory orders grow below expectations; USD not affected
FXstreet.com (Barcelona) - Demand for goods produced in U.S. factories has increased for the fourth consecutive month in July 1.3% up compared to June, although the increase has been lower than the 2.3% foreacated by the analysts. Dollar has not been affected.
EUR/USD remains moving at levels right above 1.4200 , after having peaed to 1.4225 on the back of factory orders, while the GBP/USD has ticked up reaching levels around 1.6250 intra-day high. USD/JPY reached levels around 93.60 after having bounced at fresh 6-week low at 92.25. ahead of the U.S. markets opening
