Currency Alerts

Euro Mixed Ahead Of German Factory Orders

The Federal Ministry of Economics and Technology is scheduled to release German factory orders data for March at 6.00 am ET Tuesday. Orders are forecast to drop 0.5 percent month-on-month in March, after rising 2.3 percent in February.

Ahead of the data, the euro showed mixed trading against other major currencies. While the euro advanced against the franc, it held steady against the rest of major currencies.

As of 5:55 am ET, the euro was quoted at 1.3072 against the greenback, 0.8414 against the pound, 1.2323 against the franc and 129.59 against the yen.

by RTTNews Staff Writer

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