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Germany: Unemployment Rate at 6.9% in December

FXstreet.com (Barcelona) - Unemployment in Germany increased by 15.000 during December, following a 10.000 rise the previous month, the Bundesagentur für Arbeit informed today. Economists expected no change.

The unemployment rate remained at 6.9% for the third running month, as expected.

Flash: USD/JPY 20 day ma has seen a slight erosion - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that USD/JPY we continue to suspect that the market has topped short term, however it will need to close below its 20 day moving average at 104.20 and we suspect its 103.74 May high to confirm this view.
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