German May jobs report 31 May 2016

  • -16k prev
  • unemployment claims rate SA 6.1% vs 6.2% exp/prev
  • seasonally adjusted number of people seeking work dropped below 2.7 million
    for the first time ever since German reunification in 1991,

Stronger than expected data ( another record low) leaves euro little changed.

EURGBP up through 0.7625 to post 0.7629 dragging GBPUSD down through 1.4600