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Germany: Unemployment drops by 3K in February

The number of unemployed people in Germany fell by 3K in February, compared with the 14K decline registered the previous month, the Bundesagentur für Arbeit reported on Thursday. Market consensus pointed to slightly more decrease of 5K.
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Forex: EUR/USD little changed after German data

The single currency keeps the flat tone after the German jobless rate came in at 6.9% during February, matching January’s print albeit short of expectations at 6.8%. In addition, the unemployment change...
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