XE Market Analysis: French Politics Weigh on The Euro

OVERVIEW German factory orders soared 5.2% in December, the biggest monthly increase in around 2 in a half years as domestic and foreign demand strengthened. Australian retail sales fell unexpectedly in December as household spending remained soft. Wages in Japan fell in December for the first time in a year as a rise in the cost of living outpaced nominal pay hikes. Mario Draghi said that risks to the Euro area outlook remain tilted to the downside and that underlying inflation pressure remain very subdued.

Source: XE news feed
XE Market Analysis: French Politics Weigh on The Euro