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    Intra-Day Fundamentals - ECB Press Conference and US Trade Balance

    by
    newdigital
    , 06-03-2015 at 05:03 PM
    2015-06-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance]
    • past data is -51.4B
    • forecast data is -43.9B
    • actual data is -40.9B according to the latest press release

    if actual > forecast (or previous data) = good for currency (for USD in our case)

    [USD - Trade Balance] = Difference in value between imported and exported goods and services during the reported month. Export demand and currency demand are directly linked because foreigners must buy the ...
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