What is it? It checks the difference in value between imported and exported goods during the reported month.
Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.
Usual Effect: If the number is higher than the forecast, you can expect the NZD to rise.
When? October 23rd at 5:45pm Eastern Time.
Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.
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