German trade balance was released this morning, noticing a small decline month-on-month and underperforming its forecast for May.
Even if figures came out lower than anticipated we can see that there was an uplift for the export section, which should give us an indication of a lift for imports too.
Regardless of whether the trade balance did come out lower than expected, we can see that manufacturing and production in Germany is not underperforming and has led to some support for the EUR after recent losses.
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