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German Factory Orders leap by 5.5% in January, EUR/USD edges up

Germany, Europe’s largest economy, was projected to report an increase of 1.4% in Factory Orders in January after a plunge of 2.1% in December 2019. 

EUR/USD was trading around 1.1230 ahead of the publication, off the seven-month highs around 1.1249. 

Fears of the spread of the coronavirus 

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