Eurozone Feb unemployment rate 8.5% as exp

Eurozone Feb unemployment rate data now out 4 April

• 8.6% prev

Data as expected but any drop in unemployment welcome nonetheless and the downward trend continues.

Also out:

Italian Feb unemployment rate provisional: 10.9% vs 11.0 exp vs 11.% prev

Focus on EZ CPI data and EURUSD back below 1.2300 as core yy comes in under expectations but as previous at 1%