April 6, 2023 – Written by John Cameron
Leave a comment STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Surging German Industrial Production
Euro (EUR) Supported by Strong German Industrial Production
The Euro (EUR) traded with mixed success on Thursday amid a cautious market mood. Providing modest support, however, is better-than-expected industrial production in the bloc’s largest economy.
German industrial production surprised to the upside and printed far above expectations. Against market predictions of a paltry 0.1% rise, factory activity surged by 2% in February. The latest printing of German factory data signals a strong rebound in the vital recovery…
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