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EMU: Trade surplus shifts to deficit in January

FXstreet.com (Barcelona) - Eurozone trade surplus n.s.a. of €10.8 billion registered in December 2012 shifted to a deficit of €3.9 billion in January 2013, according to data released today by Eurostat. Analysts expected the surplus to move to a deficit of €3.5 billion.

Eurozone trade surplus s.a. narrowed to €9.0 in January from €10.3 billion in December, above consensus of narrowing to €3.4 billion.

Forex: EUR/USD unchanged after EMU trade data

The bloc currency keeps the area of 1.2955/60 after the euro area posted a trade deficit of €3.9 billion during January, far below December’s €10.5 billion surplus. Further data showed that Italian...
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Forex: USD/CHF approaching 0.9450 zone again

With the 0.9450 zone offering resistance to the upside, the USD/CHF eased as as the European session opened, being hampered by the 0.9420 surrounding area. Out this morning was EMU trade balance data.
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