Euro jumps after upbeat German factory data

Source: WBP Online
The shared currency rose against the Greenback, following the rebound in German factory orders, revealed on Thursday. Industrial orders in the largest European economy grew 2% in June, while analysts anticipated a slight 0.1% growth. The single currency was sent higher to $1.0943 right after the data came in, however soon calmed again to trade up 0.07% at $1.0911 by 07:17 AM GMT. 
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