What is German Current Account in Forex Trading?

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German Current Account is released by Deutsche Bundesbank Bank during second week of each month at 6:00 GMT. In December 2019, German Current Account is recorded as surplus of 26.7 USD bn as compare to previous month 25.1 USD bn. In January 2018, German Current account balance reached its all-time high value 30.3 USD bn and recorded all time low -6.4 USD bn in August 2000.

Deutsche Bundesbank Bank released current account balance in EUR, Federal Reserve Board average exchange rate is used for currency conversion.

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