Current Account

The Current Account released by the Bureau of Economic Analysis is a net flow of current transactions, including goods, services, and interest payments into and out of the US. A current account surplus indicates that the flow of capital into the US exceeds the capital reduction. Normally, a high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative (or Bearish).

Next event - Wednesday 24 June 2026 12:30

Previous
$-190.7B
Forecast
$-217.5B
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Current Account is $-217.5B. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Wednesday 25 March 2026 12:30

Previous
$-226.4B
Revised
$-239.1B
Forecast
$-211B
Actual
$-190.7B

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Current Account was $-190.7B against a forecast of $-211B.

Past events

Date
Forecast
Actual
Wednesday 25 March 2026 12:30
$-211B
$-190.7B
Wednesday 14 January 2026 13:30
$-238.4B
$-226.4B
Tuesday 23 September 2025 12:30
$-256.3B
$-251.3B
Tuesday 24 June 2025 12:30
$-440B
$-450.2B
Thursday 20 March 2025 12:30
$-325.5B
$-303.9B
Wednesday 18 December 2024 13:30
$-284B
$-310.9B
Thursday 19 September 2024 12:30
$-260B
$-266.8B
Thursday 20 June 2024 12:30
$-206.4B
$-237.6B
Thursday 21 March 2024 12:30
$-209B
$-194.8B
Wednesday 20 December 2023 13:30
$-196B
$-200.3B
Thursday 21 September 2023 12:30
$-221B
$-212.1B

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Current Account result:

PreviousLatest
S&P Global Composite PMIBullish change51.552.2
S&P Global Manufacturing PMIBullish change55.155.7
S&P Global Services PMIBullish change50.751.3
ADP Employment Change 4-week averageBullish change26.5K30.75K
Initial Jobless ClaimsBullish change230K226K
Philadelphia Fed Manufacturing SurveyBullish change-0.410.3
Fed Interest Rate Decision(no change)3.75%3.75%
Interest Rate Projections - 1st yearBullish change3.1%3.6%
Interest Rate Projections - 2nd yearBullish change3.1%3.4%
Interest Rate Projections - CurrentBullish change3.4%3.8%
Interest Rate Projections - Longer(no change)3.1%3.1%
Pending Home Sales (MoM)Bullish change0.3%3.8%
Retail Sales (MoM)Bullish change0.4%0.9%
Retail Sales Control GroupBullish change0.5%0.7%
Retail Sales ex Autos (MoM)Bullish change0.7%0.8%
Building Permits (MoM)Bearish change1.423M1.413M
Housing Starts (MoM)Bearish change1.392M1.177M
ADP Employment Change 4-week averageBearish change29K25.5K
Industrial Production (MoM)Bearish change0.9%0.1%
NY Empire State Manufacturing IndexBearish change19.65.7
Michigan Consumer Expectations IndexBullish change44.149.3
Michigan Consumer Sentiment IndexBullish change44.848.9
UoM 1-year Consumer Inflation ExpectationsBearish change4.8%4.6%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.4%
Initial Jobless ClaimsBearish change225K229K
Producer Price Index (MoM)(no change)1.1%1.1%
Producer Price Index (YoY)Bullish change5.7%6.5%
Producer Price Index ex Food & Energy (MoM)Bearish change0.7%0.4%
Producer Price Index ex Food & Energy (YoY)(no change)4.9%4.9%
Monthly Budget StatementBearish change$215B$-293B
Consumer Price Index (MoM)Bearish change0.6%0.5%
Consumer Price Index (YoY)Bullish change3.8%4.2%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.4%0.2%
Consumer Price Index ex Food & Energy (YoY)Bullish change2.8%2.9%

About Current Account

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Capital Flows
Frequency:Quarterly
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