EMU: Unemployment Rate lower than expected in May

FXstreet.com (Barcelona) - The Eurozone Unemployment Rate increased to 12.1% in May, from 12% in April, Eurostat reported on Monday. This result is more positive than forecasts of a rise to 12.3%.

Jul 1, 2013

EMU: Preliminary annual June CPI up to 1.6%, as expected

According to preliminary data released today by Eurostat, Eurozone annual inflation rose 1.6% in June, following 1.4% growth registered the previous month. This result is in line with analysts' forecasts.

EUR/GBP rebounding

EUR/GBP had reached a high in London 0.8593, but sunk like a stone back to 0.8551 on UK data. Now the pair are reacting to EZ numbers.