Euro Mixed Ahead Of German Factory Orders
December 05 2016 - 8:55PM
RTTF2
Destatis is slated to publish Germany's factory orders data for
October is due to be released in the pre-European session on
Tuesday at 2:00 am ET. Orders are forecast to expand 0.6 percent on
a monthly basis in October, reversing a 0.6 percent fall in
September.
Ahead of the data, the euro showed mixed trading against its
major rivals. While the euro rose against the yen, it fell against
the U.S. dollar and the pound. Against the Swiss franc, the euro
held steady.
As of 1:55 am ET, the euro was trading at 0.8428 against the
pound, 1.0825 against the Swiss franc, 1.0744 against the U.S.
dollar and 122.51 against the yen.
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