Investing.com - The number of unemployed people in Germany fell for the ninth straight month in June, while the unemployment rate held steady at an all-time low, official data showed on Thursday.
In a report, Germany's Federal Statistics Office said the unemployment rate was unchanged at a seasonally adjusted 6.1% this month, in line with analyst expectations.
The number of unemployed people fell by a seasonally adjusted 6,000 from a month earlier, compared to forecasts for a drop of 5,000. Jobless claims fell by 10,000 in May, whose figure was revised from a previously reported decline of 11,000.
EUR/USD was trading at 1.1112 from around 1.1113 ahead of the release of the data, while EUR/GBP was at 0.8259 from 0.8257 earlier.
Meanwhile, European stock markets were broadly lower. Germany's DAX dropped 0.15%, the EURO STOXX 50 lost 0.3%, France’s CAC 40 slumped 0.2%, while London’s FTSE 100 shed 0.4%.