German Factory Orders plunge by 10.7% MoM in March vs. -2.2% expected

• German Factory Orders slumped by 10.7% MoM in March vs. -2.2% expected.
• German Factory output tumbled by 11.0% YoY in March vs. -8.3% expected.
• EUR/USD remains unfazed near 1.1040 following the downbeat German data.

more to come ...