German Factory Orders jump 0.8% MoM in October vs. -0.2% expected

  • German Factory Orders rebounded 0.8% MoM in October vs. -0.2% expected.
  • German Factory output decreased 3.2% YoY in October vs. -7.5% expected.
  • EUR/USD keeps its range near 1.0480 despite the upbeat German data.

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