Investing.com - The number of unemployed people in Germany rose unexpectedly in September, fueling concerns over the health of the euro zone's largest economy, official data showed on Wednesday.
In a report, Germany's Federal Statistics Office said the number of unemployed people increased by a seasonally adjusted 2,000 this month, disappointing expectations for a drop of 5,000.
Jobless claims fell by 6,000 in August, whose figure was revised from a previously reported drop of 7,000.
The report showed that Germany's unemployment rate held steady at 6.4% in September, in line with expectations and unchanged from August.
EUR/USD was trading at 1.1225 from around 1.1227 ahead of the release of the data, while EUR/GBP was at 0.7413 from 0.7414 earlier.
Meanwhile, European stock markets remained sharply higher. Germany's DAX rallied 1.75%, the EURO STOXX 50 jumped 1.75%, France's CAC 40 rose 1.7%, while London's FTSE 100 advanced 1.6%.
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