Latest data released by the ILO - 15 February 2018
- Prior 9.7%; revised to 9.6%
- Mainland unemployment rate 8.6% vs 9.4% prior; revised to 9.3%
- Mainland unemployment change -205k vs 62k prior; revised to 66k
That's a major positive on French figures compared to expectations. The unemployment rate falls to the lowest since Q1 2009.
More optimism in the Eurozone, as labour market conditions continue to tighten. A minor data point, but serves as a sentiment indicator in general.
EUR/USD now at 1.2465, a little higher. EUR/GBP up to session highs of 0.8898, while EUR/JPY is now at 132.73.
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