Euro zone June industrial new orders have come in at +3.1% m/m, -25.1% y/y, appreciably better than median forecasts of +1.6%, -28.6% respectively.
The data has lent EUR/USD some support, but it’s pretty marginal. EUR/USD sits presently at 1.4300.
Euro zone June industrial new orders have come in at +3.1% m/m, -25.1% y/y, appreciably better than median forecasts of +1.6%, -28.6% respectively.
The data has lent EUR/USD some support, but it’s pretty marginal. EUR/USD sits presently at 1.4300.