Current Account (GBP) – 23/12

What is it? It checks the difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter.

It's directly linked to currency demand – a` rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country.

When? December 23rd at 4:30am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

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