The typical/expected impact on EUR pairs is medium.
The consensus forecast for Factory Orders s.a. (MoM) is 0%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Higher numbers than forecast tend 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 -1.5% against a forecast of -2%.
Recent economic data has been strongly bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Factory Orders s.a. (MoM) result:
Country: | Germany |
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Currency: | EUR |
Source: | Federal Statistics Office of Germany |
Category: | Economic Activity |
Frequency: | Monthly |