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EUR/USD edging off lows as German unemployment report looms
Very shortly, at 7.55am GMT the latest German unemployment report will be released. The markets are expecting a slight drop in payrolls this month, around 12k, but the underlying rate is expected to be unchanged, at 6%. The EUR/USD has steadied since once again basing out a little earlier at 1.1125. This data could have an impact, but perhaps only if really wide of the mark. The same applies to the DAX too, which did set a new opening record today. The EUR/USD is just now trading at 1.1135
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