Eurozone December current account report 17 Feb

  • prev revised up from +36.1bln
  • NSA EUR +47.0bln vs +40.8bln revised up from +40.7bln
  • combined net direct/portfolio investment inflow EUR 121.9bln vs outflow of -13.8bln in Nov

Massive turnaround in the inflow data the stand out of this report helps to explain euro dip-demand too.

EURUSD currently 1.0640 under pressure still as EURJPY drops to 120.23 with USDJPY testing 113.00