Germany’s Factory Orders rebounded in February, according to the official data published by the Federal Statistics Office on Friday, suggesting that the German manufacturing sector is on track for a recovery.
Over the month, contracts for goods ‘Made in Germany’ rose 0.2%, recovering from an 11.4% slump reported in January, missing the estimates of 0.8%.
Germany’s Industrial Orders tumbled at an annual rate of 10.6% in the same period, compared with the previous decline of 6.2%.
FX implications
Weak German data keep the Euro depressed, as the EUR/USD pair tests lows near 1.0825 ahead of the US Nonfarm Payrolls data release. The pair is down 0.06% so far.
(This story was corrected on Friday at 06:03 GMT to say that "German Factory Orders rebound 0.2% MoM in February vs. 0.8% expected", not -11.3% expected)
Euro price today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Japanese Yen.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.08% | 0.11% | 0.14% | 0.17% | -0.12% | 0.25% | 0.03% | |
| EUR | -0.07% | 0.05% | 0.07% | 0.10% | -0.19% | 0.18% | -0.04% | |
| GBP | -0.11% | -0.03% | 0.03% | 0.06% | -0.22% | 0.14% | -0.08% | |
| CAD | -0.15% | -0.07% | -0.03% | 0.02% | -0.27% | 0.11% | -0.09% | |
| AUD | -0.16% | -0.08% | -0.05% | -0.01% | -0.28% | 0.09% | -0.14% | |
| JPY | 0.13% | 0.21% | 0.24% | 0.25% | 0.29% | 0.38% | 0.16% | |
| NZD | -0.26% | -0.17% | -0.14% | -0.10% | -0.08% | -0.37% | -0.23% | |
| CHF | -0.06% | 0.03% | 0.06% | 0.09% | 0.12% | -0.18% | 0.21% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
Gold price sits at fresh record high above $3,070 amid Trump's tariff plans
Gold price sits at fresh all-time peak above $3,070 early Friday as escalating global trade tensions, the uncertainty over Trump's reciprocal tariffs, and the risk-off mood continue to drive safe-haven flows. Bets that the Fed will resume its rate-cutting cycle soon lend additional support to the bullion.
USD/JPY stays weak below 151.00 after hot Tokyo CPI; US PCE awaited
USD/JPY keeps the selling pressure intact below 151.00 in late Asian trading on Friday. Hot Tokyo CPI figures and BoJ's March Summary of Opinions ramp up BoJ rate hike bets, supporting the Japanese Yen. Meanwhile, tariff jitters undermine the US Dollat, bolstering the haven demand for the Yen. US PCE eyed.
AUD/USD drops below 0.6300 amid trade war fears
AUD/USD drops back below 0.6300 in Friday's Asian trading, undermined by broad risk-aversion due to US President Trump's latest auto tariffs announcements. Traders now look to the US PCE Price Index for some meaningful impetus. Hopes for more stimulus from China could cap the Aussie's decline.
Bitcoin stabilizes while Ethereum and Ripple show weakness
Bitcoin price stabilizes at around $87,000 on Friday, as its RSI indicates indecisiveness among traders. However, Ethereum and Ripple show signs of weakness as they face resistance around their key levels and face a pullback this week.
US: Trump's 'Liberation day' – What to expect?
Trump has so far enacted tariff changes that have lifted the trade-weighted average tariff rate on all US imports by around 5.5-6.0%-points. While re-rerouting of trade will decrease the effectiveness of tariffs over time, the current level is already close to the highest since the second world war.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.