German Factory Orders miss estimates with -0.2% MoM in April, EUR/USD eases

German Factory Orders dropped by 0.2% MoM in April, a miss.
On a yearly basis, Germany’s Factory Orders jumped by 78.9% in April.
EUR/USD tests lows near 1.2150 on mixed German Factory data.

developing story ...

Jun 7, 2021

Germany Factory Orders n.s.a. (YoY) above expectations (17.3%) in April: Actual (78.9%)

US Dollar Index clings to gain above 90.00

The greenback looks to reverse Friday’s retracement and begins the week slightly in the positive territory and above the key 90.00 mark when gauged by