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Breaking Posted 1 hour ago

German unemployment change misses forecast at 4K vs 4.8K

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German seasonally adjusted unemployment rose 4,000 in August, beating expectations of 4,800 but slightly better than the prior 6,000 print, signaling modest labour-market resilience. EUR/USD traders should monitor this against Friday's EU flash PMI data; softer German employment could weaken rate-hike bets versus hawkish Fed repricing driving current dollar strength.
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