Eurozone: Employment down by 0.3% in Q4

Eurostat reported on Thursday that the number of employed people in the Eurozone dropped by 0.3% in Q4 2012, down from the 0.1% decline registered in Q3.

Year-over-year the number of employed people decreased by 0.8% in Q4, following a 0.6% fall in Q3.

Mar 14, 2013

Forex: USD/CHF trading at 0.9536/38 after EMU employment data

The USD/CHF has been operating near session highs, as it inches ever higher Thursday (0.9554 session high). However, after the release of economic data out of the EMU, the pair was seen easing nearly 15-pips towards the 0.9536/38 level. Despite this minor stumble, the pair still operates +0.12% above its opening at the time of writing.

Forex: EUR/USD keeps the red after EMU data

The single currency keeps the 1.2955/60 area after the Employment Change in the euro area contracted 0.8% YoY during the fourth quarter and 0.3% QoQ, down from -0.6% and -0.1%, respectively...