Eurozone December current account data now out 19 Feb
- prev revised up from EUR 32.5bn
- NSA EUR 45.8bln vs 40.1bln prev revised up from 37.8bln
Mixed data but better revisions. Not price moving though. One to file under "back story"
EURUSD currently 1.2401 in an 1.2388-1.2420 range so far.
The Current Account is a net flow of current transactions, including goods, services, and interest payments into and out of the Euro-Zone. A current account surplus indicates that the flow of capital into the Euro-Zone exceeds the capital reduction
Full release from ECB here
