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Spanish jobless claims fall by 60,200 in March

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Investing.com -

Investing.com - The number of unemployed people in Spain fell more than expected in March, easing concerns over the health of the euro zone's fourth largest economy, official data showed on Monday.

In a report, Spain's Employment Ministry said the number of unemployed people declined by a seasonally adjusted 60,200 last month, compared to expectations for a drop of 18,300. The number of unemployed people fell by 13,500 in February.

EUR/USD was trading at 1.0967 from around 1.0975 ahead of the release of the data, while EUR/GBP was at 0.7351 from 0.735 earlier.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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