Euro steady amid positive Eurozone data and lower oil prices
The Euro remains flat against the US Dollar, holding gains at the 1.1550 area after rallying 1.6% from last week’s lows.
German Factory Orders beat expectations with a 3.1% increase in June, exceeding the 0.3% market forecast.
US macroeconomic data was disappointing, with a 44K increase in ADP Employment, less than half June’s 98K rise and below the 70K market consensus.