Derived Data That Drive Results
By Jeremy Boulton — Apr 19 - 05:40 AM
Eurozone current account surplus EUR 24.30 billion in February 2023
Largest surplus since February 2021
Negative impact of higher energy prices (chiefly gas) erased
Natgas close to $2 after trading above $10 last year
With record low at $1, downside scope for gas is limited
Surplus will underpin traders $22bln EUR/USD long position nL1N36L0KQ
Recent commodity surge is a challenge for EUR/USD traders nL1N36M0F8
$, DJI, EURUSD, Natgas and c/a surplus Click here
Source:
Refinitiv IFR Research/Market Commentary
