Euro Steady Ahead Of German Factory Orders

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At 2.00 am ET Friday, Destatis is set to release Germany’s factory orders data for July. Orders are forecast to grow 5 percent on month, but slower than the 27.9 percent increase seen in June.

Ahead of the data, the euro held steady against its major rivals.

The euro was worth 1.1848 against the greenback, 125.79 against the yen, 1.0781 against the franc and 0.8928 against the pound as of 1:55 am ET.


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