Germany: Annual Factory Orders rise 6% in December

FXStreet (Barcelona) - On an annual basis German Factory Orders grew 6% in December, following a 7.2% increase in November, the Deutsche Bundesbank informed on Thursday.

Month-over-month Factory Orders fell 0.5% in December, compared with the 2.4% rise in November and against forecasts of growing 0.4%.

Germany December Factory Orders n.s.a. (YoY) falls to 6% vs 7.2% (November)

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EUR/USD: calm before the ECB

The EUR/USD has entered in a consolidation phase as investors remain sidelined ahead of the European Central Bank policy decision, with disappointing German factory orders figures having no impact on the euro.
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