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EUR: eurozone employment at record highs

By Ricky Bean June 15th, 2017

News from the Eurozone has been fairly quiet of late as the currency movements have been largely dictated by events outside of Europe, such as the UK election and dovish US sentiment. However, it’s worth noting that the expected data continues to look positive.

Eurozone employment climbed to a record high in the first quarter of this year. It increased by 0.4% in the three months to March compared with the previous three months, according to Eurostat.

The Eurogroup and Ecofin meetings are happening over the next 48 hours. If we see any unexpected news on policy or stance we could see the single currency react.