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Germany's unemployment change at -20k in January

FXStreet (Mumbai) - Unemployment change in German fell 20k in January, higher than -10k registered in December. It was estimated to come in at -7k. Seasonally adjusted unemployment rate dropped 6.2 per cent compared to 6.3 per cent seen previously.

Italy Unemployment came in at 11.4%, above expectations (11.3%) in December

Italy Unemployment came in at 11.4%, above expectations (11.3%) in December
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EUR/USD testing highs near 1.0920 on German data

The EUR/USD pair caught a fresh bid-wave on the back of a renewed bout of risk-aversion gripping the European markets, and rose once again above 100-DMA at 1.0909 on its way to daily highs.
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