Select a section for which the search will be carried out
Sign in
Trade Balance
The trade balance of a country is the difference between its exports and imports of goods and services for the reporting period, expressed in monetary terms. The active part of the trade balance (with a plus sign +) includes: exported goods and services, foreign expenditure, and foreign investment in the national economy. The passive part of the trade balance (with a minus sign -) includes: imported goods and services, domestic expenditure, and domestic investment in the foreign economy. The sum of all these items gives the total balance of trade. If a country exports more goods and services than it imports, it has a trade surplus (positive value of the indicator). If imports exceed exports, the country has a trade deficit (negative value of the indicator).
In this article, we will talk about the economic calendar and determine what is better to rely on when making a decision to open deals: forecasts or previous values of indicators.
Today we will study the reaction of the foreign exchange market to the publication of revised values of economic indicators. And let's see if it's worth relying on them when making a decision to enter the market.
Previous studies of rollback trading have revealed the usefulness of this strategy for a number of economic events in seven countries. Let's see if trading on rollbacks is suitable for Canada events.