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US Factory Orders Rise for Second Month (Daily FX)

The US Commerce Department reported that factory orders rose 0.6 percent in October, marking the second straight increase following September’s rise of 1.6 percent. The data was better than expected, since forecasts had called for no change in light of the 0.6 percent decline in durable goods orders during the same period.

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US Factory Orders Rise for Second Month (Daily FX)

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