Quantcast

Markets in Euroland advanced, EUR mired in 1.36

FXstreet.com (Edinburgh) – The European bourses closed with gains on Thursday, after solid data from several confidence/sentiment gauges in the euro area offset the less auspicious German labour market data, where the unemployment rose above estimates by 10k and the jobless rate stayed put at 6.9% in November. The Spanish benchmark led the winners, advancing 0.52% and followed by the DAX and the CAC40, up 0.39% and 0.22%, respectively.

In another tone, the single currency extends its appreciation against the greenback, fading the bull run to weekly highs near 1.3620 and now hovering over the vicinity of 1.3600 the figure. Positive …read more