| Source | |
| Measures | Difference in value between imported and exported goods during the reported month; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released monthly, about 20 days after the month ends; |
| Next Release | |
| FF Notes | This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; |
Why Traders
Care | 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; |
| Also Called | Adjusted Merchandise Trade Balance; |
