Market Overview

EUR/USD Higher, German Factory Orders Improve

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EUR/USD is trading at 1.1165, up 0.0014.

The pair is trading rangebound. Market talk about global headline news and European politics is making the rounds.

Germany's Bundesbank reported that factory orders rose 0.2 percent in July versus a 0.3 percent decline in June.
Germany's Construction PMI for August was unchanged at 51.6

The Euro area August retail PMI (purchasing managers survey) rose to 51 from 48.9 in July.

Posted-In: EUR/USD euroFutures Forex Markets

 

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