Germany is set to release its factory orders report for October at 6:00 am ET. Factory orders are expected to grow 1 percent on month. Annually, orders are expected to drop 5.6 percent in October.
The euro held steady against its major opponents ahead of the report. As of 5:55 am ET, the common currency was trading at 107.72 against the yen, 1.3076 against the US dollar, 1.2122 against the Swiss franc and 0.8116 against the pound.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.