Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected market impact of this event is low.
The consensus forecast for Unemployment is 6%. A higher value than forecast tends to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Unemployment was 5.9% against a forecast of 6.1%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment result:
Country: | Italy |
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Currency: | EUR |
Source: | ISTAT |
Category: | Labor Market |
Frequency: | Monthly |