The Federal Labor Agency's report, released at 3:55 am ET, showed that German unemployment remained unchanged at a seasonally adjusted 6.8 percent, in line with market expectations.
The euro was little changed against its major rivals after the report. As of 3:57 am ET, the common currency was trading at 100.15 against the yen, 1.2095 against the Swiss franc, 0.7957 against the pound and 1.2888 against the US dollar.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.