{"id":321869,"date":"2025-08-06T06:58:14","date_gmt":"2025-08-06T06:58:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/321869\/"},"modified":"2025-08-06T06:58:14","modified_gmt":"2025-08-06T06:58:14","slug":"german-factory-orders-drop-1-mom-in-june-vs-1-expected","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/321869\/","title":{"rendered":"German Factory Orders drop 1% MoM in June vs. +1% expected"},"content":{"rendered":"

Germany’s Factory Orders unexpectedly dropped in June, suggesting that the country\u2019s manufacturing sector downturn extended, according to the official data published by the Federal Statistics Office on Wednesday.<\/p>\n

Over the month, contracts for goods \u2018Made in Germany\u2019 dropped 1% in June after declining 1.4% in May. Data missed the expected 1% rebound.<\/p>\n

Germany\u2019s Industrial Orders advanced 0.8% year-over-year (YoY) in June, compared with the previous growth of 5.3%.<\/p>\n

FX implications<\/strong><\/p>\n

The Euro (EUR) is little changed by the German data, with\u00a0EUR\/USD<\/strong><\/a>\u00a0trading modestly flat on the day near 1.1575, as of writing.<\/p>\n

Euro PRICE Today<\/p>\n

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.<\/p>\n\n

USD
\n EUR
\n GBP
\n JPY
\n CAD
\n AUD
\n NZD
\n CHF
\n <\/tr>\n\n USD<\/p>\n\n-0.05%<\/td>\n-0.04%<\/td>\n-0.13%<\/td>\n-0.02%<\/td>\n-0.32%<\/td>\n-0.22%<\/td>\n-0.14%<\/td>\n<\/tr>\n\n EUR<\/p>\n0.05%<\/td>\n\n-0.01%<\/td>\n-0.09%<\/td>\n0.03%<\/td>\n-0.18%<\/td>\n-0.21%<\/td>\n-0.08%<\/td>\n<\/tr>\n\n GBP<\/p>\n0.04%<\/td>\n0.00%<\/td>\n\n-0.06%<\/td>\n0.04%<\/td>\n-0.18%<\/td>\n-0.22%<\/td>\n-0.03%<\/td>\n<\/tr>\n\n JPY<\/p>\n0.13%<\/td>\n0.09%<\/td>\n0.06%<\/td>\n\n0.12%<\/td>\n-0.22%<\/td>\n-0.19%<\/td>\n0.07%<\/td>\n<\/tr>\n\n CAD<\/p>\n0.02%<\/td>\n-0.03%<\/td>\n-0.04%<\/td>\n-0.12%<\/td>\n\n-0.21%<\/td>\n-0.26%<\/td>\n-0.07%<\/td>\n<\/tr>\n\n AUD<\/p>\n0.32%<\/td>\n0.18%<\/td>\n0.18%<\/td>\n0.22%<\/td>\n0.21%<\/td>\n\n-0.03%<\/td>\n0.13%<\/td>\n<\/tr>\n\n NZD<\/p>\n0.22%<\/td>\n0.21%<\/td>\n0.22%<\/td>\n0.19%<\/td>\n0.26%<\/td>\n0.03%<\/td>\n\n0.19%<\/td>\n<\/tr>\n\n CHF<\/p>\n0.14%<\/td>\n0.08%<\/td>\n0.03%<\/td>\n-0.07%<\/td>\n0.07%<\/td>\n-0.13%<\/td>\n-0.19%<\/td>\n\n <\/tr>\n

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 US Dollar, the percentage change displayed in the box will represent EUR (base)\/USD (quote).<\/p>\n","protected":false},"excerpt":{"rendered":"Germany’s Factory Orders unexpectedly dropped in June, suggesting that the country\u2019s manufacturing sector downturn extended, according to the…\n","protected":false},"author":2,"featured_media":210112,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[17629,2000,299,17929,1824,40686],"class_list":{"0":"post-321869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-economicindicator","9":"tag-eu","10":"tag-europe","11":"tag-eurusd","12":"tag-germany","13":"tag-industrialproduction"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114980526771450725","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/321869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=321869"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/321869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/210112"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=321869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=321869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=321869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}