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German unemployment rises above forecasts-EUR/JPY slips again
The latest German unemployment report has just been released covering the month of May. The markets had forecast unemployment to rise by around 10k last month. It has actually risen by 25k. The EUR/USD was trading back below 1.09 ahead of this release and certainly in the very short-term, this data has given it little excuse to rebound. Where the impact seems more relevant right now is on the EUR/JPY. That has just this minute hit a fresh session low underneath 169.25. Granted a good deal of the driver there is about the Yen and not the Euro, but this data has surely helped to put the Euro back into that dynamic a bit more
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Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
