Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Factory Orders s.a. (MoM) is 1.1%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Factory Orders s.a. (MoM) was -0.8% against a forecast of 1.4%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Factory Orders s.a. (MoM) result:
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Federal Statistics Office of Germany |
| Category: | Economic Activity |
| Frequency: | Monthly |