The yen fell to a three-year low against the euro after Bank of Japan policy makers affirmed a plan to double the monetary base over two years and their statement made no reference to rising bond yields. Japan’s currency declined versus 13 of its 16 major peers after a government report showed the trade deficit swelled more in April than economists forecast and exports were lower than estimated. The dollar dropped for a third day against the euro before Federal Reserve [...] read more
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EU Unemployment Rate : The percentage of individuals eligible for work and are currently looking for employment but unable to secure a position. Rising unemployment is a negative indicator that foreshadows a probable reduction in consumer spending.