StockMarketWire.com - The dollar remained higher against the euro after US factory orders in January fell less than expected. The US Census Bureau reported that factory orders in January fell 2% compared to the previous month's 1.3% increase which had been revised downward from 1.8%.
USDJPY 94.03 +0.80%, USDCHF 0.9474 +0.71%, GBPUSD 1.5037 -0.59%, EURUSD 1.2994 -0.42% and NZDUSD 0.8293 -0.19%.
The Standard & Poor's 500 Index added 0.1 percent to 1,540.81.
The Canadian dollar fell on Wednesday afternoon after the Ivey Purchasing Managers' Index (PMI) fell more than expected. The Ivey PMI printed at 51.1 for February compared to the previous month's 58.9 and some way short of the predicted 56.2.
In other data released contemporaneously; US factory orders in January fell 2% compared to the previous month's 1.3% increase which had been revised downward from 1.8%.
CADJPY 91.20 +0.41%, USDCAD 1.0309 +0.39%, CADCHF 0.9189 +0.34%, AUDCAD 1.0562 +0.29%, NZDCAD 0.8550 +0.25% and GBPCAD 1.5503 -0.20%.
At market close:
Story provided by StockMarketWire.com
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