The rebound in Germany's economic fortunes continued at a pace in July, reports the Financial Times (FT).Despite being exposed to the failure of investment bank Lehman Brothers, Germany has been among the most recession-proof of the world's large economies.Now figures from the economics ministry show a continued acceleration in industrial orders.The FT explains that, in June, a 3.8 per cent growth rate was reported, which has now been followed by a 3.5 per cent continued expansion in July figures.Germany's economic fortunes coincide with a run in strength for the euro, which is nearing an eight-month high against the dollar.Sydney-based currency strategist Sue Trinh of RBC Capital Markets told Reuters this week that the benchmark figure to watch is $1.4450.This would represent a move beyond August's peak of $1.4448 and, according to Ms Trinh, is the figure that must be reached to "signal a break outside of recent ranges".