Eurozone Current Account Release

October 18th, 2006 by Ian McAfee
On Oct 24th Eurozone Current Account is coming out. This report should interest those concerned with foreign exchange rates because European investors have been flowing out of Europe for the past few months, creating A-typical deficits out of the Euro-zone Current Account. Following this report traders will get some good insight into what is driving the Euro. (As a note, since US Tics came out over 100b last month, and since the DOW has been reaching all time highs – Euro CA should be pretty small this month with all the money flowing from Europe to US. Should be interesting)
* Laymen Definition from FX Words

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