Spain Unemployment Change comes in at 44.419K against -9.221K consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Spain’s Unemployment Change for September 2, 2026, reported an increase of 44.419K in jobless claims. This figure contrasted sharply with the consensus expectation for a decrease of -9.221K. The actual print also represented a notable rise compared to the previous month’s 19.517K increase. The surprise against consensus was 581.7%.
Following the release, the Euro showed varied reactions across major pairs. EURJPY saw a +20 pip move after 15 minutes, reaching the typical top-quarter range of 20+ pips observed after past releases. EURNZD moved +14 pips, exceeding its median 1-hour move of 11 pips. EURCAD moved +9.8 pips, close to its median 1-hour move of 11 pips. Other pairs, including EURAUD, EURCHF, EURGBP, and EURUSD, showed more limited movement. EURAUD moved -1.4 pips, EURCHF +2.5 pips, EURGBP +0.1 pips, and EURUSD +5.3 pips, all remaining below their respective median 1-hour moves of 12, 6, 6, and 8 pips.