Germany Factory Orders s.a. (MoM) registered at 0.2% above expectations (-1%) in September

Nov 6, 2023

USD Index remains under pressure near 105.00

The greenback, in terms of the USD Index (DXY), hovers around the area of multi-week lows near 105.

German Factory Orders rise 0.2% MoM in September vs. -1.0% expected

Germany’s Factory Orders unexpectedly rose in September, the official data published by the Federal Statistics Office showed Monday, suggesting that the German manufacturing sector is holding its recovery momentum.