New Zealand January trade balance NZD -1.95bn (prior -636m)

Exports down m/m and imports up m/m, ballooning out the trade deficit compared with December.

This snapshot from the ForexLive economic data Economic Data Economic data typically comes in the form of news releases that are disseminated daily. This information is extremely valuable to retail and institutional forex traders, given the influence such data has on currency rates.Most of the major economic events that are released are reported by sovereign governments throughout the globe. Moreover, there are several economic data points that are released by private organizations that can also move the market.By and large, when new information becomes a Economic data typically comes in the form of news releases that are disseminated daily. This information is extremely valuable to retail and institutional forex traders, given the influence such data has on currency rates.Most of the major economic events that are released are reported by sovereign governments throughout the globe. Moreover, there are several economic data points that are released by private organizations that can also move the market.By and large, when new information becomes a Read this Term calendar, access it here.

NZD/USD is barely moved on the data, the focus is on the upcoming Reserve Bank of New Zealand policy decision:

due at 0100 GMT, which is 8pm US Eastern time. Previews:

• RBNZ Shadow Board recommend +50bp interest rate hike this week at monetary policy meeting

• NZ Treasury says cyclone reconstruction will boost economic activity, RBNZ implications

• RBNZ meet this week - flooding, cyclone events bolster the case for a pause

• Reserve Bank of New Zealand policy decision due mid-week. Preview & NZD implications.

• Reserve Bank of New Zealand rate decision on Wednesday. What levels are in play for NZDUSD