Euro Mixed Ahead Of German Factory Orders

Euro Mixed Ahead Of German Factory Orders

At 2:00 am ET Thursday, Destatis releases German factory orders for August. Economists expect the orders to fall 3.0 percent on year in August from 0.9 percent last month.

Ahead of the data, the euro traded mixed against its major counterparts. While the euro held steady against the greenback and the yen, it fell against the pound. Against the franc, it rose.

The euro was worth 131.20 against the yen, 1.1383 against the franc, 0.8867 against the pound and 1.1477 against the greenback as of 1:55 am ET.

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