What is it? Goods trade makes up about 75% of total trade in US and provides early insight into Trade Balance data. A positive number indicates that more goods were exported than imported. Source first released in Jul 2015. 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? 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
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