Latest data released by INSEE - 7 February 2019

France trade balance
  • Prior -€5.10 billion
  • Current account balance -€1.1 billion
  • Prior -€2.8 billion

A decent improvement for French trade with exports rising by 2.2% m/m while imports rising by 1.7% m/m. That's a bit of an improvement and will be a welcome sign after the yellow vest protests likely disrupting conditions in November. A minor data point nonetheless.

EUR/USD continues to sit in a narrow range on the day at 1.1360 currently. EUR/GBP is also unchanged at 0.8786 at the moment.