Investing.com - The number of unemployed people in Spain fell for the second straight month in April, easing concerns over the health of the euro zone’s fourth largest economy, official data showed on Wednesday.
In a report, Spain’s Employment Ministry said the number of unemployed people declined by a seasonally adjusted 83,600 last month, compared to expectations for a drop of 86,600. The number of unemployed people fell by 58,200 in March.
EUR/USD was trading at 1.1501 from around 1.1496 ahead of the release of the data, while EUR/GBP was at 0.7903 from 0.7901 earlier.
Meanwhile, European stock markets were mixed after the open. Spain’s IBEX 35 tacked on 0.2%, the EURO STOXX 50 dipped 0.1%, France’s CAC 40 inched up 0.1%, Germany’s DAX added 0.2%, while London’s FTSE 100 dipped 0.3%.