Hi,
I have a question concerning the recent UK trade equilibrium price action.
Consensus: -6600
real:-6291
DIFFERENCE: 309
previous number: -6316
revision: -6933
DIFFERENCE: -617
309-617= -308 according to this amount the gbp/usd must have transferred
down. But it spiked upward and following a retracement it continued to go up.
Why did not the market care about the revision? Can it be a general thing
that the market doesn't care about the transaction equilibrium revision?
Thanks,
Herringtrader