Investing.com - The number of unemployed people in Germany rose for the first time in a year in September, 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 rose by a seasonally adjusted 1,000 from a month earlier, compared to forecasts for a drop of 5,000. Jobless claims fell by 6,000 in July.
EUR/USD was trading at 1.121 following the release of the data, while EUR/GBP was at 0.8619.
Meanwhile, European stock markets were broadly higher in early trade. Germany's DAX jumped 1.1%, the EURO STOXX 50 rallied 1.3%, France’s CAC 40 added 1.5%, while London’s FTSE 100 tacked on 1.1%.