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Euro zone industrial order grows after 3 consecutive month drop

Eurostat shows grow in March for euro zone

In the latest statistics from Eurostat, shows that the euro zone industrial order were rose against expectations in the month of March. The continuous drop since February stopped, and grows a seasonally adjusted 1.8 % against expected 0.2 % drop. After the release of the data, the euro held on to losses against the U.S. dollar, with EUR/USD shedding 0.34% to trade at 1.2641. Analyst are optimistic about the outcome, and looking forward for a better second quarter for the year.

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