German Factory Orders fell 2.7% m/m in July. German Factory Orders plunged 5.6% y/y in July. The German Factory Orders fell sharply in July, suggesting that the manufacturing recession in Europe’s largest economy is picking up pace. Contracts for goods ‘Made in Germany’ arrived at -2.7% on the month vs. +2.5% last, the latest data published by the Federal Statistics Office showed on Thursday. On an annualized basis, Germany’s Industrial Orders fell 5.6% vs. -1.1% expectations and -3.6% last. The shared currency came under fresh selling pressure on poor German factory orders data, sending the EUR/USD pair closer towards the 1.10 handle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK FinMin Javid: ‘We cannot have another Brexit extension’ FX Street 4 years German Factory Orders fell 2.7% m/m in July. German Factory Orders plunged 5.6% y/y in July. The German Factory Orders fell sharply in July, suggesting that the manufacturing recession in Europe's largest economy is picking up pace. Contracts for goods 'Made in Germany' arrived at -2.7% on the month vs. +2.5% last, the latest data published by the Federal Statistics Office showed on Thursday. On an annualized basis, Germany's Industrial Orders fell 5.6% vs. -1.1% expectations and -3.6% last. The shared currency came under fresh selling pressure on poor German factory orders data, sending the EUR/USD pair closer towards the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
