Activity in Germany’s industrial sector declined in September, according to the latest data released by Destatis on Thursday.
Industrial production in the economic powerhouse of the euro zone decreased by 2.5% month-on-month, as reported by the federal statistics authority Destatis in figures adjusted for seasonal and calendar effects, compared to the estimated fall of 1.0% and an increase revised from 2.6% recorded in August.
German industrial production plunged 4.6% in the year to September compared to -3.0% in August.
EUR/USD reaction to German Industrial Production data
Disappointing data from Germany fails to deter euro buyers as EUR/USD continues to hold high ground near 1.0750. The pair is up 0.20% on the day, at press time.
Euro PRICE Today
The table below shows the percentage change of the Euro (EUR) against the main currencies today. Euro was the strongest currency against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.13% | -0.32% | -0.43% | -0.36% | -0.80% | -0.79% | -0.18% | |
| EUR | 0.13% | -0.19% | -0.28% | -0.23% | -0.67% | -0.65% | -0.05% | |
| GBP | 0.32% | 0.19% | -0.08% | -0.05% | -0.49% | -0.47% | 0.15% | |
| JPY | 0.43% | 0.28% | 0.08% | 0.07% | -0.38% | -0.40% | 0.27% | |
| CAD | 0.36% | 0.23% | 0.05% | -0.07% | -0.43% | -0.42% | 0.20% | |
| AUD | 0.80% | 0.67% | 0.49% | 0.38% | 0.43% | 0.02% | 0.64% | |
| NZD | 0.79% | 0.65% | 0.47% | 0.40% | 0.42% | -0.02% | 0.63% | |
| CHF | 0.18% | 0.05% | -0.15% | -0.27% | -0.20% | -0.64% | -0.63% |
The heat map shows percentage changes for major currencies. The base currency is selected from the left column, while the quote currency is selected from the top row. For example, if you choose the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change shown in the box will represent EUR (base)/USD (quote).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
