Forex Trading News - German Factory Orders

Alex Chernomordin — Fri, 04 Jul 2008 06:12:03 -0400

German Factory Orders came in weaker than expected at - 2.0% versus +2.0% survey year over year and -0.9% vs. +0.8% month over month. Although the revisions to the prior months data were revised slightly to the upside, the weak report moved EUR/USD surprisingly higher in a very quite session heading into the US holiday after the US employment report.