Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 15 - 07:55 AM

EUR/USD - Ballooning Trade Deficit Will Drag EUR/USD Down

By Jeremy Boulton  —  Sep 15 - 07:10 AM
  • Eurozone trade deficit swells to EUR 34 billion in Jul from 25.4bln

  • Seasonally adjusted the trade deficit soars to EUR 40.30 billion

  • EZ swung into deficit in Oct 2021

  • EUR/USD was above 1.15 in October and has slumped below parity since

  • Massive size and rapid growth of the shortfall will provide greater drag



Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!