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20 May | Euro

European Union. Current Account. The value of the indicator has increased from 34.3B to 50.9B

EURRUB
EURJPY
EURGBP
EURUSD
EURCAD

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: an increase of the indicator value may contribute to the rise in quotes of EUR.

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