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

    by , 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 ...
  2. Trading the News: New Zealand Trade Balance - NZD/USD Risks Further Losses on New Zealand

    by , 09-23-2014 at 08:05 PM
    - New Zealand Trade Deficit of NZD1.125B Would Mark Largest Shortfall Since August 2013.
    - Exports to Slow to NZD 3.20B- Lowest Since September 2010.

    Trading the News: New Zealand Trade Balance

    A marked expansion in New Zealand’s trade deficit may spark fresh monthly lows in the NZD/USD as it dampens the outlook for growth and inflation.

    What’s Expected (MQ Metatrader 5 time as GMT+2):

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    Why ...
  3. India’s Forex Reserves Surge to $312.58 Billion in Week through June 6

    by , 06-15-2014 at 08:39 PM
    India’s Forex Reserves Surge to $312.58 Billion in Week through June 6

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    The Indian foreign exchange reserves accelerated to $312.58 billion in the week through June 6, an increase of $203.2 million, according to data compiled by the Reserve Bank of India.

    The growth, the first one after two successive weeks of decline, was mainly due to a quick jump in the value of international currency holdings. The forex reserves had earlier ...