France Trade Balance EUR below expectations (€-2.3B) in February: Actual (€-5.778B)
France Trade Balance EUR below expectations (€-2.3B) in February: Actual (€-5.778B)
France Imports, EUR increased to €57.8B in February from previous €55.3B
France Imports, EUR increased to €57.8B in February from previous €55.3B
France Trade Balance EUR came in at €-5.8B below forecasts (€-2.3B) in February
France Trade Balance EUR came in at €-5.8B below forecasts (€-2.3B) in February
France Current Account dipped from previous €2.1B to €-1.8B in February
France Current Account dipped from previous €2.1B to €-1.8B in February
France Exports, EUR down to €52B in February from previous €53.4B
France Exports, EUR down to €52B in February from previous €53.4B
Forex Today: Risk flows dominate as US and Iran agree to two-week ceasefire
Here is what you need to know on Wednesday, April 8:
USD/CHF tumbles below 0.7900 on Trump’s ceasefire announcement, FOMC Minutes in focus
The USD/CHF pair slumps to around 0.7890 during the early European session on Wednesday. Reports of a potential two-week ceasefire between the United States (US) and Iran drag the US Dollar (USD) lower against the Swiss Franc (CHF).
EUR/USD: Dollar slips on Gulf ceasefire – Commerzbank
Commerzbank’s Michael Pfister notes that the tentative ceasefire between the US and Iran and the reopening of the Strait of Hormuz triggered a sharp textbook reaction, with Oil falling and the US Dollar weakening, pushing EUR/USD back towards 1.17.
Germany Factory Orders n.s.a. (YoY) declined to 3.5% in February from previous 3.7%
Germany Factory Orders n.s.a. (YoY) declined to 3.5% in February from previous 3.7%
United Kingdom Halifax House Prices (MoM) came in at -0.5% below forecasts (0.1%) in March
United Kingdom Halifax House Prices (MoM) came in at -0.5% below forecasts (0.1%) in March
Germany Factory Orders s.a. (MoM) came in at 0.9% below forecasts (2%) in February
Germany Factory Orders s.a. (MoM) came in at 0.9% below forecasts (2%) in February
WTI nosedives below $90 as Iran agrees to reopen Hormuz for two weeks
West Texas Intermediate (WTI), futures on NYMEX, slide over 11% below $90.00 on Wednesday, as Iran has agreed to reopen the Strait of Hormuz, a critical passage to 20% of global energy supply, for two weeks in return for a temporary ceasefire with the United States (US).