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German unemployment declines to a record low

FXStreet (London) - German unemployment fell 27k in December to 2.841m according to the Federal Labour Agency.

The declines in December were the third in a row and brings the German unemployment rate down to 6.5 percent – the lowest level since reunification.

GBP/USD drifts lower, eyes Fed minutes

Cable slipped in the European morning, as markets switched their attention towards Federal Reserve’s (Fed) minutes to be released later in the day.
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Italian unemployment rises in November, youth unemployment at 43.9 percent

The Italian seasonally adjusted unemployment rate rose to 13.4 percent in November from 13.3 percent in October according to Italian statistical agency Istat.
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