1/4/2012 Monthly Trade Balance (1430 HI time / 1930 EST)
Previous Revision:-0.18B to 1.42B
Started @ 1.0259
1st Peak @ 1.0251 – 1431 (1 min)
Reversal to 1.0261 – 1440 (10 min)
10 ticks (6x top)
Notes: Report fell short of forecast, with a moderate negative previous report revision. Dull reaction due to the New Years hangover. Looking at the market volume I would not trade this report.