The currency pair EUR/USD declines due to the weaker-than-expected German factory orders

Market news

4 July 2014

The currency pair EUR/USD declines due to the weaker-than-expected German factory orders

German factory orders decreased 1.7% in May, missing expectations for a 0.8% fall, after a 3.4% gain in April. April's figure was revised up from a 3.1% increase.

On a yearly basis, German factory orders rose 5.5% in May, after a 6.3% increase in April.

Asian Stocks close: most stocks traded higher due to the better-than-expected U.S. labour market data

Option expiries for today's 1400GMT cut

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.