Economic data from Spain was brush aside this morning. Later today, U.S factory orders will draw attention, however…
It’s been a quiet start to the week on the Eurozone economic calendar.
Spanish unemployment figures were in focus this morning
In September, unemployment fell by 76.1k after having fallen by 82.6k in August.
The numbers come ahead of service sector PMI numbers for September that are due out tomorrow.
Market Impact
Ahead of today’s figures, the EUR had fallen to a pre-stat and current day low $1.15878 before finding support.
In response to today’s stats, the EUR fell to a post-stat low $1.15997 before rising to a post-stat and current day high $1.16161.
At the time of writing, the EUR was up by 0.04% to $1.16119.
