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5 Mar 2020

Germany’s VDMA: Coronavirus expected to impact China-Germany supply chains, production

The Mechanical Engineering Industry Association (VDMA) in Germany, said in its latest report published on Thursday, coronavirus expected to impact China-Germany supply chains, production.

Additional points

German January engineering orders +7% y/y in real terms (domestic orders +11%, foreign orders +5%).

The increase in German engineering orders mainly attributable to some large orders.

  • EUR/USD flirting with daily highs around 1.1140
Mar 5, 2020

EUR/USD flirting with daily highs around 1.1140

The buying interest appears to have returned to the single currency in the second half of the week, with EUR/USD trading close to the area of 1.1140,
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Mar 5, 2020

EUR/GBP Price Analysis: Retreats further from 4-1/2 month tops set earlier this week

The EUR/GBP cross edged lower for the third consecutive session on Thursday and extended this week's rejection slide from the very important 200-day S
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