eFXdata | EUR/USD - Huge Miss In German Industrial Orders Fails To Move EUR/USD

By Jeremy Boulton — Oct 06 - 02:34 AM

• German industrial orders fell 10.6% mm in August

• Orders were expected -1.05 mm

• Range of expectations from 24 polled was -5.0 to 1.5%

• EUR/USD which has been pummelled of late static near 1.12 in reaction

• Drop appears stretched with traders short looking for opportunities to buy

•
German industrial orders

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:

London Stock Exchange Group | Thomson Reuters

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