Unemployement Rate in Spain Jumps

Friday, 29 April 2011 02:57

Jobless claims in Spain fly up from 20.3% to 21.3%, a 14 year high.  The Spanish economy is still getting blows, along with the high infaltion that rose in April to 3.8% and retail sales rose to 8.6%.

EUR/USD is currently trading at 1.4871.  The Euro continues to look hawkish in the market against the Dollar