The Commerce Department is due to release its report on factory goods orders for February at 10 am ET. Orders for manufactured goods are likely to have decreased 0.3% in the month.

The US dollar was stable against its major counterparts ahead of the report. As of 9:50 am ET, the greenback was worth 99.35 against the Japanese yen, 1.1347 versus the Swiss franc, 1.4652 against the pound and 1.343 per euro.

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