Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Unemployment Rate s.a. is 6.4%. 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 Rate s.a. was 6.4% against a forecast of 6.3%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate s.a. result:
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Federal Statistics Office of Germany |
| Category: | Labor Market |
| Frequency: | Monthly |