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German Factory Orders drop 0.8% MoM in August vs. +1.4% expected
World FX news
Breaking news
German Factory Orders drop 0.8% MoM in August vs. +1.4% expected
New
2025.10.07 15:03
2025.10.07 15:03
2025.10.07 15:03
Germany's Factory Orders declined in August, suggesting that the country's manufacturing sector remained in contraction, according to the official data published by the Federal Statistics Office on Tuesday.
Over the month, contracts for goods 'Made in Germany' dropped 0.8% in August after decreasing by 2.9% in July. Data missed the expected 1.4% rebound.
Last updated
: 2025.10.07
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USD/CHF rallies to 0.7975 area as markets turn cautious
The US Dollar has accelerated its rebound from Monday's lows at the 0.7940 area, reaching intra-day highs at 0.7975 so far. However, the pair remains trapped within the horizontal range of the last six weeks, below the 0.8000 psychological level.
New
2025.10.07 17:26EUR/USD: Likely to test the late-Sep low of 1.1645 - UOB Group
There is scope for Euro (EUR) to test the late-Sep low of 1.1645; it is unclear at this point if it can break clearly below this level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.07 17:23EUR/USD: Political noises to undermine - OCBC
Euro (EUR) slipped yesterday on news that French PM Lecornu resigned after less than 1 month on the role. Pair was last at 1.1677 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.10.07 17:20USD/NZD: No RBNZ surprise expected - Commerzbank
In the early hours on Wednesday, the Reserve Bank of New Zealand will meet again to make a monetary policy decision and is likely to cut interest rates by another 25 basis points.
New
2025.10.07 17:16NZD/USD pulls back to levels near 0.5800 with the RBNZ decision eyed
The New Zealand Dollar's rally met sellers at the 0.5845 area on Monday, and the pair is trading lower on Tuesday. The Kiwi has retraced the previous day's gains and approaches the 0.5800 line as investors turn their focus to the RBNZ's monetary policy decision, due on Wednesday.
New
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Silver price (XAG/USD) retreats after reaching the new 14-year high of $48.77 reached in the previous session, trading around $47.90 per troy ounce during the early European hours on Tuesday.
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2025.10.07 16:46EUR/USD extends decline as France political uncertainty weighs
EUR/USD is heading south for the second consecutive day on Tuesday. The pair trades near 1.1690 at the time of writing, as France's political and fiscal crisis is keeping investors away from the common currency and prompting the European Central Bank (ECB) to adopt a slightly more dovish tone.
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2025.10.07 15:59Disclaimer:
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