Better than expected. not really a game changer but enough to lift the euro off its lows
EURUSD now 1.2866
More detail:
- March revised down from +10.4 bln
- sa trade balance EUR+ 18.7bln vs +12.7 bln in feb .. revised up from +12 bln
- sa imports m/m -1% nsa y/y -10%
- sa exports m/m +2.8% nsa y/y unchanged
