EUR/USD rallies 57 pips (0.55%) deep into the session, trading at 1.0641.
Germany's Unemployment Change new data released of 2,000 below its previous figure.
This move comes while some more positive signs for the Euro are out as Germany Unemployment Change released today at 08:55 UTC is better than expected at 2,000 but down from preceding data of -15,000 according to new data.
Meanwhile, Euro Zone Manufacturing PMI came out at 48.5, while a consensus of analysts was expecting 48.5. Germany's Unemployment Rate published today at 08:55 UTC came out at 5.5. The fresh reading lived up to analyst expectations as well as matching the previous month's figure.
Other currencies are also rising as NZD/USD is up 1%.
Meanwhile, GBP/NZD closed at 1.9315 (down 0.66%). USD/SGD falls 0.39% to trade around 1.3419.
Also worthy of note, Germany Consumer Price Index is expected today at 12:00 UTC. Euro Zone ECB Monetary Policy Statement will be released tomorrow at 12:30 UTC. Euro Zone ECB Publishes Account of Monetary Policy Meeting scheduled to come out tomorrow at 12:30 UTC.
The Euro is now trading 10.28% away from its significant low of 0.9596 first tested 5 months ago.