Talking Points
- German unemployment rose unexpectedly in June but the unemployment rate was unchanged.
- In the markets, the Euro continued its earlier slide after the figures were released.
- Check out the DailyFX Economic Calendar and see what live coverage of key event risk impacting FX markets is scheduled for next week on the DailyFX Webinar Calendar.
The Euro fell back in the currency markets in early European trading Friday, with EURUSD easing both before and after the release of German labor-market data showing an unexpected increase in German unemployment in June. The unemployment rate held steady at 5.7%, as predicted.
Chart: EURUSD Five-Minute Timeframe (June 30 Intraday)
In this webinar, DailyFX Analyst and Editor Martin Essex talks about what to expect for the Euro and the DAX 30 stock-market index before and after the release of the figures, about the German economy, politics, sentiment and Euro-Zone monetary policy.
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at martin.essex@ig.com
Follow Martin on Twitter @MartinSEssex
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