Latest Eurozone data for Germany - 3 January 2018
- Prior -18k, revised to -20k
- Unemployment rate 5.5% vs 5.5% expected
- Prior 5.6%, revised to 5.5%
Unemployment rate is at a record low of 5.5%, positive news for the German economy on the labour market front.
Data points from Germany has been rather positive over the last few months (barring business confidence) and that will add a bit more to the optimism in the Eurozone - or at least, not take anything away from it.
EUR/USD is at 1.2042, after hitting lows of 1.2031 earlier in the session.
