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FxWirePro: EUR/CHF extends previous session's gains, edges above 5-DMA

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FxWirePro: EUR/CHF extends previous session's gains, edges above 5-DMA

FxWirePro: EUR/CHF extends previous session's gains, edges above 5-DMA
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Friedensnobelpreis 2015: Die Retter Tunesiens - Politik

Friedensnobelpreis 2015: Die Retter Tunesiens - Politik
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Atom-Fabrik in Lingen: Protest gegen Rosatom-Einstieg

Atom-Fabrik in Lingen: Protest gegen Rosatom-Einstieg
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Euro Pound Strengthens on German Factory Orders | Euro Exchange Rate News

The Euro Pound (EUR/GBP) exchange rate is strengthening this morning as markets await the latest interest rate decision from the Bank of England (BoE).
At the time of writing the EUR/GBP pairing are trading at around 0.8663 as German factory orders increase more than expected.
Euro (EUR) Supported by German Factory Orders
The Euro is being supported this morning by the latest factory orders data from Germany for March which rose more than expected.
German factory orders jumped to 3% in March, more than the 1.5% forecast. As reported by Bloomberg:
‘Demand for machinery, data processing equipment, electrical and optical goods as well as car manufacturing was particularly strong, the Economy Ministry said. Helped by strong recoveries abroad, German manufacturing has held up well during the latest rounds of restrictions to limit the spread of the coronavirus.’ ....

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