German unemployment change -1K – worse than expected

A smaller drop than expected in German unemployment: a drop of only 1K jobless in May. This was joined by a minor revision for April: a drop of 5K. This is the 9th consecutive month of drops in unemployment, but this is a shallower slide than predicted.

EUR/USD is ticking a bit lower to 1.1165 – a minimal change.

Read the rest of the article German unemployment change -1K – worse than expected