Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Labor Cost is 3.3%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
(A summary of the historic trading range after each event is not available for Labor Cost. Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent Labor Cost.
The most recent announced value for Labor Cost was 5.7% against a forecast of 3%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Labor Cost result:
Country: | Eurozone |
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Currency: | EUR |
Source: | Eurostat |
Category: | Labor Market |
Frequency: | Quarterly |
The value of Labor Cost has been announced.
Forecast | Actual |