Investing.com - The number of unemployed people in Germany fell for the third month in a row in December, while the unemployment rate held steady at an all-time low, official data showed on Tuesday.
In a report, Germany's Federal Statistics Office said the unemployment rate was unchanged at a seasonally adjusted 6.0% this month, in line with analyst expectations.
The number of unemployed people declined by a seasonally adjusted 17,000 from a month earlier, compared to forecasts for a drop of 5,000. Jobless claims fell by 6,000 in November.
EUR/USD was trading at 1.0434 following the release of the data, from around 1.0437 earlier, while EUR/GBP was at 0.8503 from approximately 0.8505 ahead of the report.
Meanwhile, European stock markets were broadly higher in early trade. Germany's DAX eased up 0.1%, the EURO STOXX 50 rose 0.45%, France’s CAC 40 added 0.5%, while London’s FTSE 100 tacked on 0.8%.