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5 May 2023
German Factory Orders plunge by 10.7% MoM in March vs. -2.2% expected
- German Factory Orders slumped by 10.7% MoM in March vs. -2.2% expected.
- German Factory output tumbled by 11.0% YoY in March vs. -8.3% expected.
- EUR/USD remains unfazed near 1.1040 following the downbeat German data.
more to come ...