France January trade balance now out 7 March
- EUR - 3.47bln
- current account EUR -1.6bln vs -0.9bln prev
- exports €40.26bln vs €41.6bln prev
- imports €45.82bln vs €45.10bln
The Trade Balance is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. A steady demand for French exports would turn into positive growth in the trade balance, which should be positive (or bullish) for the Euro
Meanwhile EURUSD 1.2409 still being capped by EURJPY but supported by EURGBP demand
