Euro Yen Press, Expectations High Unemployment in Europe

European Union statistics office. Eurostat. on this Morning (31-08 pm) are scheduled to announce the recent reports showing the latest developments in the labor sector.

The unemployment rate in the EU is estimated to equal the value of the previous period is 10.0%. Pair EUR / JPY was observed in the range of 106.49.

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Euro Weakens Coming to the CPI data release

Latest data releases CPI Flash Estimate indicators y / y which is scheduled to be released by Eurostat is expected to show the existence of a less encouraging indication pda consumption sector development in the EU economy.

Expectations of these data releases its impact to the pair trading the EUR / USD this afternoon (31-08), which was observed to occur weakening the euro currency. The forex market responded by pressing the pair EUR / USD that is in the range 1.2641.

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