Goods Trade Balance (Aug) The trade balance released by the National Statistics is a balance between exports and imports of goods A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP. Review Alex Nekritins Article - Trading British Pound with UK Trade Balance Read more: masterforex/En/analytics/fxstreet/?aid=396289
Posted on: Fri, 10 Oct 2014 09:00:44 +0000
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