EU: Current Account n.s.a (Jan): €-4.5B vs €29B (Dec)

Mar 20, 2013

Forex: EUR/USD back below 1.2900

The bloc currency is once again trading in sub 1.2900 levels after the Current Account figures in the euro area showed a €4.9 billion deficit in January from a €29 billion surplus in the previous month....

EMU: Current account surplus narrows less than expected in January

Eurozone Current Account surplus on a seasonally adjusted basis dropped to €14.8 billion in January from €16 billion in December, according to data released today by the ECB. Analysts expected the surplus to narrow more to €7.9 billion.