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.
When? April 28th at 6:45pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
Ask us about our FREE financial advice program:
Other top stories:
6 Top Reasons Traders Fail - Why You Need Signals
All Your Brokers and Signals in 1 Place - Binary Trade Center
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: