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Trade Balance

2020-02-10 15:00
DKK
  • 10.2
  • --
  • 10.6
The Trade Balance released by the Statistics Denmark is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Danish Krone. If a steady demand in exchange for Danish exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Krone.

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