At 6.00 am ET Wednesday, the Federal Ministry of Economics and Technology is slated to issue German factory orders for December. Economists forecast orders to rise 0.7 percent month-on-month, reversing a 1.8 percent fall in November
Ahead of the data, the euro showed mixed trading against other major currencies. While the euro declined against the pound, it held steady against the rest of major currencies.
At 5:55 am ET, the euro was quoted at 1.3539 against the greenback, 126.89 against the yen, 0.8642 against the pound and 1.2350 against the franc.
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