The typical/expected impact on EUR pairs is medium.
The consensus forecast for Unemployment Rate is 6.3%. A higher value than forecast tends to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Unemployment Rate was 6.3% against a forecast of 6.4%.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
| Country: | Eurozone |
|---|---|
| Currency: | EUR |
| Source: | Eurostat |
| Category: | Labor Market |
| Frequency: | Monthly |