Market Updates: French Trade Deficit Narrowed Down to -4 Billion

Posted Friday, April 5, 2019 by
Arslan Butt • 1 min read

Fellas, the Eurozone has released another low impact economic event. This time it’s French trade balance. Here’s an update:

The French trade deficit squeezed to EUR 4.0 billion in February 2019 from EUR 4.2 billion in the previous month versus market expectations of a EUR 4.7 billion cleft.

France exports rose 0.9% to EUR 42.9 billion while imports increased at a softer pace of 0.4% to EUR 46.9 billion. However, the EUR/USD hasn’t shown any reaction so far as investors await the US Nonfarm payroll data.

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