Data out from the VDMA 6 March

  • domestic orders +10%
  • foreign orders +9%

Eurozone demand pushing up the order volumes say the German engineering association.

More positive data to help underpin the euro at the moment.

Earlier we had strong construction PMI with new orders at second fastest rate in survey history .

EURUSD 1.0631 EURGBP 0.8660 EURJPY 120.81 all enjoying support so far this session.