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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance Foreign Exchange Reserves fell to 370.2B in September 2026
FMPMonthlyReleased October 2026
France Foreign Exchange Reserves fell to 370.2B in September 2026, released October 2026, down 10.49B from August's 380.69B reading. The reading matched the 381B consensus. Year-over-year, the indicator is up 39.94B. Over the past 3 months, Foreign Exchange Reserves averaged 368.87B, vs 374.53B in the prior 3-month window. The reading is in the 73rd percentile of the trailing 24-month range.
Latest Release
370.203
Actual
381
Consensus
380.694
Previous
Median Absolute Error
±11.25 billion
across last 12 releases
Last Call
Oct 2026
Predicted: 387.16
Actual: 370.2
Error: +16.96
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.70 | CRYPTO | Moves with | → View |
| XAU/USD | ▲ Direct | +0.55 | COMMODITIES | Moves with | → View |
| DAX | ▲ Direct | +0.55 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.52 | INDEX | Moves with | → View |
| CAC 40 | ▲ Direct | +0.52 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Exchange Reserves (France) was reported at 370.20 billion in October 2026. This missed the market consensus of 381.00 billion by 10.80 billion. The reading fell from the previous value of 380.69 billion. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 378.45 billion, ranging from 355.39 billion to 421.57 billion across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 369.32 billion, down from the prior three at 374.53 billion. Volatility over the past year (σ 21.36 billion) is higher than the prior year (σ 15.17 billion). In October readings over the past 3 years, Foreign Exchange Reserves has averaged 320.42 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 11.25 billion.
WHAT TO WATCH NEXT
The next release is scheduled for November 6, 2026. Same-country events in the next 14 days include Industrial Production MoM (Nov 5) and Balance of Trade (Nov 6).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Foreign Exchange Reserves - FR
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About Foreign Exchange Reserves — France
DEFINITION
Foreign Exchange Reserves refer to the amount of foreign currency held by a country's central bank. These reserves are used to maintain stability in the country's currency and to fulfill international payment obligations. They serve as a measure of a country's economic strength and ability to withstand external shocks. Foreign Exchange Reserves are an important financial indicator for investors and policymakers, providing insight into a country's monetary policy and its ability to manage its currency.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 370.2 B, consensus 381 B. Prior reading (Aug 2026): 380.7 B. Before that (Jul 2026): 357.1 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.70) — a useful reference for crypto-focused traders.
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Economic Calendar - FR Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | FR | GDP Growth Rate QoQ | -0.1 | 0 | 0.1 | 0.00 | High |
| 06:30 | FR | GDP Growth Rate YoY | -0.1 | 0.5 | 0.3 | 0.10 | High |
| 06:30 | FR | Household Consumption MoM | -0.5 | -0.5 | 0.1 | -0.20 | Low |
| 06:30 | FR | Consumer Spending MoM | -0.5 | -0.5 | 0.1 | -0.20 | Medium |
| 07:45 | FR | Producer Price Index MoM | 1.7 | 1 | 0.5 | 0.75 | Low |
| 07:45 | FR | Inflation Rate MoM | 0.4 | -0.3 | 0.2 | 0.33 | Medium |
| 07:45 | FR | Harmonised Inflation Rate MoM | 0.4 | -0.3 | 0.3 | 0.40 | Low |
| 07:45 | FR | Harmonised Inflation Rate YoY | 3.8 | 3.4 | 3.6 | 3.73 | Low |
| 07:45 | FR | Producer Price Index YoY | 6.8 | 4.9 | 5.4 | 5.73 | Low |
| 07:45 | FR | Non-Farm Payrolls QoQ | -0.1 | -0.1 | -0.1 | -0.10 | Low |
| 07:45 | FR | Inflation Rate YoY | 3.4 | 3.1 | 3.2 | 3.33 | High |