- Factory orders in the US rose 1.6% in May, from a upwardly revised 0.7% gain in April and beating market forecast of a 0.5% rise.
- Factory Orders Ex Transportation increased to 1.7%in May from upwardly revised 0.6% in April.
EURUSD saw a relatively small reaction to today’s release. The most popular currency pair continues to trade around 1.0260 level. Source: xStation5
Economic calendar: A quiet start to an interesting week
Morning Wrap (12.01.2026) – Jerome Powell under investigation; pressure in Iran/Greenland in the background 🚨
What does newest NFP report tells us?
US OPEN: Investors exercise caution in the face of uncertainty.