Investing.com - U.S. factory orders fell in line with expectations in November, declining for the third time in the past four months, official data showed on Wednesday.
In a report, the U.S. Census Bureau said factory orders decreased by a seasonally adjusted 0.2% in November, matching forecasts. Factory orders rose 1.3% in October, whose figure was revised from a previously reported gain of 1.5%.
EUR/USD was trading at 1.0752 from around 1.0756 ahead of the release of the data, GBP/USD was at 1.4639 from 1.4640 earlier, while USD/JPY was at 118.66 compared to 118.58 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 99.48, compared to 99.46 ahead of the report.
Meanwhile, U.S. stock markets were sharply lower after the open. The Dow 30 shed 1.2%, the S&P 500 dropped 1.2%, while the Nasdaq Composite slumped 1.1%.
Elsewhere, in the commodities market, gold futures traded at $1,090.70 a troy ounce, compared to $1,090.00 ahead of the data, while crude oil traded at $34.84 a barrel from $34.86 earlier.