21 March | Euro

European Union. Current Account. The value of the indicator has decreased from 38.4B to 35.4B

A report on this calendar event is released monthly by the European Central Bank.

The indicator assesses the difference in the amounts of payments that were made by the country abroad during the reporting period and received in the country during the same period.

A surplus indicates that capital inflows into the country exceed outflows, while a deficit indicates the opposite trend.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of EUR.

Marketcheese MarketCheese
Gold buy
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Gold needs to cool off ahead of its next leg up
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Brent sell
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