The typical/expected impact on EUR pairs is medium.
The consensus forecast for Unemployment Rate s.a. is 6.3%. 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 6.3% against a forecast of 6.3%.
Recent economic data has been strongly bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate s.a. result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HCOB Manufacturing PMI | Bearish change | 47.7 | 47 | ||
| HCOB Manufacturing PMI | Bearish change | 50.6 | 47.9 | ||
| HCOB Manufacturing PMI | Bearish change | 51.5 | 49.6 | ||
| Harmonized Index of Consumer Prices (YoY) | Bearish change | 3.2% | 3% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.7% | 0.6% |
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Federal Statistics Office of Germany |
| Category: | Labor Market |
| Frequency: | Monthly |