Tuesday, July 7, 2009

Forex Trading

German Factory Orders
German Factory Orders m/m came in at 4.4% , much better than the 0.5% expected. Y/y also beat expectations at -29.4% vs. the -31.2% expected. Eur/Usd initially traded up to a new high of 1.3997 and at time of press is Trading at 1.3985. This should be a strong number for the Euro.


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