StockMarketWire.com - German factory orders have posted a worse-than-expected level of -1.9%, down from February’s level of 1.1% paring some of the euro’s earlier gains.
German factory orders have returned four negative months in the last five months, which is bearish news for the Eurozone’s largest manufacturing nation.
The EUR/USD pair has retraced some if’s earlier gains, trading at 1.30130 off a session high of 1.3045.
EURGBP 0.8674 -0.25%, EURCAD 1.3410 -0.22%, EURUSD 1.3009 -0.22%, EURJPY 122.51 -0.21%, EURAUD 1.2673 -0.21%, EURNZD 1.5695 -0.17% and EURCHF 1.2320 -0.09%.
At 11:57am:
Story provided by StockMarketWire.com
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