Eurozone trade data for January painted a weak start to the year, with both exports and imports contracting sharply. Exports fell -7.6% yoy to EUR 215.2B, while imports dropped -7.3% yoy to EUR 217.2B, leaving a EUR -1.9B deficit. Intra-Eurozone trade also softened, declining -3.3% yoy to EUR 213.1B, pointing to subdued demand both within […]The post EU trade contracts sharply, US exports drag appeared first on ActionForex.