Eurostat shows grow in March for euro zone

Wednesday, 23 May 2012 03:31

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.