|09-13-2010, 03:23 AM||#1|
Join Date: Sep 2010
Rep Power: 41
French Account Data Release
Data of the French current account came out to the downside at $-2.2 billion. The French Current Account is the net income payments, total trade balance on services and goods, and net current transfers.
A current account deficit means that Euros are leaving France. This will increase pressures for the Euro to fall making it more competitive. If there is a surplus in the French current account this would mean that more Euros are flowing into France. This in turn puts pressure for the value of the Euro to increase against others currencies making it less competitive.
Follow My Alpha
|Rate this post ||
|economic data, euro-zone|
|Thread||Thread Starter||Forum||Replies||Last Post|
|How to pick a Brokerage Account||StocksonWallStreet||Online Brokers||12||01-17-2013 04:54 PM|
|Halifax Sharedealing Account||cheekymonkey||Online Brokers||3||04-28-2010 09:12 AM|
|Account Problems?||Miles||StockRants Announcements||0||08-12-2009 03:56 PM|
|CYNX News Release||tedw||Rumors & News||0||08-09-2009 03:40 PM|
|Thread Tools||Search this Thread|