Germany Factory Orders s.a. (MoM) came in at 1.9%, above expectations (1.2%) in May

EUR/USD Price Forecast: 20-day EMA acts as key barrier near 1.1460

The EUR/USD pair trades marginally lower to near 1.1428 during the early European trading session on Monday. The major currency pair faces slight selling pressure as the US Dollar (USD) gains ground after a negative weekly close.
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Germany Factory Orders rises 1.9% in May, beats 1.2% estimates

Germany's Factory Orders jumps 1.9% in May, faster than 1.2% estimates, according to the official data published by the Federal Statistics Office on Monday. In April, the economic data was declined by 3.2%, revised higher from -3.8%.
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