Germany: Factory Orders dip 1.3% in August

FXStreet (Łódź) - On an annual basis German Factory Orders fell 1.3% in August, compared to the 5.9% increase seen in July, the Deutsche Bundesbank informed on Monday.

Month-on-month Factory Orders dropped 5.7%, following a 4.9% rise and below expectations of a 2.5% decline.

EUR/USD taking chances above 1.2520

EUR/USD started the day at 1.2514, and slowly drifted up reaching 1.2528 by the European opening.
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