Germany Factory Orders s.a. (MoM) came in at 10.4% below forecasts (15%) in May

Germany Factory Orders s.a. (MoM) came in at 10.4% below forecasts (15%) in May
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German Factory Orders rebound 10.4% MoM in May vs. +15% exp, EUR/USD keeps highs

The German Factory Orders jumped sharply in May, suggesting that the manufacturing contraction in Europe’s largest economy is slowing down. Contracts
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