French Q1 jobs data ILO report 18 May
– 10.0% prev
– mainland unemployment rate 9.3% vs 9.6% exp/prev
– mainland unemployment change -115k vs -13k prev revised up from -31k
Good news for French unemployment but EURUSD continues to trade around Asian/session lows of 1.1140. EURGBP 0.8595 off 0.8589 lows as GBPUSD falls to 1.2959