Latest data released by the French Treasury Agency - 16 January 2018
- budget deficit of EUR 77.1 bn
Seems like the data point was rescheduled for a release at 0800 GMT. EUR/USD now back up 1.2250 after an initial fall to 1.2227 following some less positive news on the German coalition talks. EUR/GBP is also bouncing back a little, now up to 0.8885.
The earlier data release was reported wrongly by news sources, the actual number is a deficit of EUR 84.7 bn. That's more like it, as the yearly trend continues.