Germany’s March adjusted jobless rose +69k, worse than the median forecast of +52k, with the unemployment rate ticking up to 8.1%, a little higher than the median forecast of 8.0%. Just another piece of weak data in a sea of weak data. The jobless number had been leaked a little ahead of the official release.
Despite the poor data, the euro marches on, EUR/USD presently at 1.3285.
