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Forex News: Euro Rises Ahead Of German Unemployment Rate

Euro Rises Ahead Of German Unemployment Rate

05/31/2017 - 03:51:00 (RTTNews)

(RTTNews) - The Federal Labor Agency is scheduled to issue German unemployment data for May at 3:55 am ET Wednesday. The jobless rate is forecast to remain unchanged at 5.7 percent in May.

Ahead of the data, the euro rose against its major rivals.

As of 3:50 am ET, the euro was trading at 0.8733 against the pound, 1.0907 against the Swiss franc, 1.1184 against the U.S. dollar and 124.06 against the yen.

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