Although the Eurozone trade surplus for April rose to +2.7bln Eur from 1.8bln in March, there is more worrying news as exports fell 1.3% m/m, while imports also fell 2.7% m/m.
Eur/Usd has been edging lower after its initial pop higher to 1.3920. Currently at 1.3870 all eyes are on the key 1.3800 level.
