Italy December Trade Balance non-EU up to €3.425B vs €2.379B (November)

Jan 23, 2014

EMU: Current Account surplus widens against expectations in November

Eurozone Current Account surplus s.a. widened to €23.5 billion in November from €22.2 billion in October, according to data released today by the ECB. Analysts expected the surplus to narrow to €19.2 billion.

EUR/USD buoyant above 1.3600

The single currency is now looking to consolidate the recent bull run above the 1.3600 handle, with the EUR/USD around 1.3630/40...