France EUR

France Foreign Exchange Reserves

Impact:
Low

Latest Release:

Date:
Actual:
€303.06B
Forecast:
Previous/Revision:
€305.12B
Period: Apr

Next Release:

Date:
Period: May
What Does It Measure?
France's Foreign Exchange Reserves measure the country's holding of foreign currencies, gold, and other reserve assets held by the central bank to support its monetary policy and influence currency exchange rates. This indicator reflects the nation's ability to manage its international financial obligations and maintain stability in the foreign exchange market, focusing primarily on liquidity and currency backing.
Frequency
The data on foreign exchange reserves is typically released on a monthly basis, providing a preliminary estimate that may be revised in subsequent reports, with figures usually published around the end of the month.
Why Do Traders Care?
Traders closely monitor France's Foreign Exchange Reserves as they serve as a significant indicator of economic health and stability, impacting the value of the euro and investor confidence. A higher reserve amount can instill confidence and lead to a stronger euro, whereas decreases might indicate economic pressures, affecting currencies, stocks, and international trade dynamics.
What Is It Derived From?
Foreign exchange reserves are derived from the accumulation of assets held by the Bank of France, reflecting various factors such as trade surpluses or deficits, foreign investment inflows, and changes in the value of the euro against other currencies. The reserves calculation includes the value of foreign currency deposits, government securities, and IMF reserve positions, adhering to international accounting standards.
Description
Preliminary reports on foreign exchange reserves provide early insights based on estimates, while final reports present verified data, often reflecting more accurate balances. Traders and analysts place significant weight on preliminary figures due to their immediate impact on market sentiment, while final data can lead to adjustments in analysis and forecasts, especially in response to changing economic conditions.
Additional Notes
The Foreign Exchange Reserves serve as a coincident economic indicator, signaling the current status of financial stability and economic health within France. Movements in these reserves can relate closely to global economic trends, exchange rates, and central bank policy adjustments, influencing not just national but also regional financial landscapes.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
€303.06B
€305.12B
€305.12B
€297B
€295.98B
€8.12B
€295.98B
€294B
€292.59B
€1.98B
€292.59B
€275.078B
€275.078B
€275.572B
€275.572B
€276.255B
€276.255B
€260.783B
€260.783B
€254.092B
€254.092B
€252.082B
€252.082B
€248.106B
€248.106B
€245.904B
€245.9B
€247.1B
€247.1B
€238.9B
€238.9B
€225.6B
€225.6B
€226.5B
€226.5B
€223.2B
€223.2B
€222.9B
€222.9B
€224.6B
€224.6B
€214.4B
€214.4B
€216B
€216B
€214B
€214B
€212.4B
€212.4B
€219.73B
€219.73B
€216.26B
€216.26B
€217.78B
€217.78B
€209.15B
€209.15B
€228.7B
€228.7B
€237.68B
€237.68B
€238.63B
€238.63B
€238.28B
€238.28B
€243.54B
€243.54B
€242.728B
€242.728B
€241.892B
€241.892B
€240.187B
€240.187B
€237.654B
€237.654B
€245.991B
€245.991B
€235.521B
€235.521B
€232.616B
€232.616B
€224.65B
€224.65B
€223.787B