Italian new industrial orders declined by 1.9% in April

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Source: Forexpros
Italian new industrial orders fell in April, after posting an increase in March, according to STAT. New industrial orders dropped by 1.9% in April on a seasonally adjusted basis as compared to a 3.5% gain in the preceding month. Experts predicted the industrial orders to drop by 3.5%. After the data release, the Euro depreciated against the greenback by 0.08%, with EUR/USD trading at 1.2675


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