Top Stories
by ForexNewsNow Team on September 17th, 2010

Indicator analysis: Euro zone current account deficit holds steady

indicator analysis - a pile of eurosNEW YORK (Forex News Now) – The euro zone’s current account deficit remained unchanged in July, official data showed on Friday in one of the day’s major realtime FX news events.

In a report likely to impact online FX trading, the EU statistics bureau, Eurostat, said the current account deficit remained at EUR 3.8 billion, the same as June.

Analysis had expected a drop to EUR 3.7 billion, according to two currency market trading news outlets.

However, there was some good news for euro zone watchers: Eurostat revised down its previous estimate for June from EUR 4.6 billion.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))