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Germany: Trade surplus narrows less than expected in March

FXstreet.com (Barcelona) - German Trade surplus narrowed to €17.6 billion in March from €17.7 billion in February, according to data released today by Destatis. Analysts expected the surplus to narrow to €16.5 billion.

German Current Account surplus widened to €20.2 billion in March, from €16 billion in February.

German Exports increased 0.5% in March, in comparison with the 1.2% fall in February, in line with market consensus. German Imports grew 0.8%, following a 3.9% drop and below forecasts of a 1.5% rise.

Germany: Trade surplus s.a. narrows to €17.6B in Mar, Current Account surplus widens to €20.2B

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Forex: EUR/USD eases to 1.3030 after German data

The euro gave away a few pips after the better-than-expected trade balance results from Germany, with the trade surplus at €17.6 billion during March, exceeding forecasts at €16.5 billion. Upbeat tone from...
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