While German inflation is low, the employment situation is improving in the euro-zone’s largest economy: another drop in the number of unemployed: 14K. This is much better than a minor drop and following a big drop beforehand. The unemployment rate dropped to 6.6% from 6.7% beforehand. This is good news for Germany, but the ECB is out of their control. EUR/USD is ticking back up above 1.2480. However, more German inflation data from Hesse weighs on the euro. Opinion: EUR/USD: Double Bottom; Cable: Consolidation – RBS More data: euro-zone private loans dropped 1.1%, slightly worse than 1% expected and M3 Money Supply is growing at 2.5%, also slightly under 2.6% expected. Germany was expected to report a minor gain in employment: 1K, after a big drop of 22K in the previous month. EUR/USD is back down under 1.25 after Spanish CPI and some German state inflation data looks quite low. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next OPEC talks take center stage FxPro - Forex Broker 7 years While German inflation is low, the employment situation is improving in the euro-zone's largest economy: another drop in the number of unemployed: 14K. This is much better than a minor drop and following a big drop beforehand. The unemployment rate dropped to 6.6% from 6.7% beforehand. This is good news for Germany, but the ECB is out of their control. EUR/USD is ticking back up above 1.2480. However, more German inflation data from Hesse weighs on the euro. Opinion: EUR/USD: Double Bottom; Cable: Consolidation - RBS More data: euro-zone private loans dropped 1.1%, slightly worse than 1% expected and M3… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
