Latest data released by the French Ministry for the Economy and Finance - 9 January 2018
- Prior -EUR 4.96 bn; revised to -EUR 5.3bn
- Current account balance -EUR 3.3bn vs -EUR 2.2 bn prior
- Prior current account balance revised to -EUR 2.6bn
A much larger deficit than expected, and prior reading also got revised as well to a larger deficit too. Well, still within the normal range of what we are seeing since 2012 - so it's nothing too concerning to the French and Eurozone economies.
EUR/USD now at 1.1959 after rising earlier to 1.1970 following the release of Germany's industrial production data here.
