Data Analysis
The release
Released by the Bureau of Census, Bureau of Economic Analysis on 4 November 2020 at 8:30 AM EST. The International Exports in Goods and Services rose to $182.5B for September 2020, from $176.7B in August 2020.
It arrived at the same moment as International Trade Balance in Goods and Services and International Imports in Goods and Services, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Ethereum's volatility ratio was 0.91x, against 1.25x for a typical International Exports release since 2021. Its volume ratio was 1.34x, against a typical 1.41x. Under 1.5x is not a reaction at all: the market barely noticed this release. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
How Ethereum moved
Ethereum was at $383.39 when the figure came out. Fifteen minutes later it was 0.12% higher, and an hour later 0.95% lower. Its high-to-low range in the hour after was 1.43% of its price, against 0.69% in the hour before.
What made it matter
Since 2021, International Exports releases in the two weeks before a Fed decision have moved Ethereum less than those at other times: a median volatility ratio of 1.14x across 23, against 1.39x across 47. This one came out the day before the Federal Reserve's 5 November rate decision. Its own ratio of 0.91x compares with 1.14x for those, so it moved the price less than its circumstances would suggest.
About International Exports in Goods and Services
International Exports measures economic transactions between a nation and its trading partners, showing the amount of a country's exports for a given period. The BEA and Census Bureau reports on the U.S. balance of payments (BOP), covering goods and services that move out of the country. Economists use this information to gauge the relative strength of a country's economy.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
ETH-USDT
Ethereum
Open
382.69Close
403.9824h Change
21.29 (5.27%)24h High
408.3924h Low
376.4724h Volume
1.131M ETHUS International Exports in Goods and Services
Bureau of Census, Bureau of Economic Analysis
4th November, 2020, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 383.50 | 383.52 | 383.28 | 383.39 | -0.03% | 0.06% | 190 ETH |
| During | 383.39 | 383.41 | 383.18 | 383.40 | 0.00% | 0.06% | 205 ETH |
| 5 Minutes | |||||||
| Before | 384.02 | 384.25 | 383.28 | 383.39 | -0.16% | 0.25% | 1,143 ETH |
| During | 383.39 | 383.78 | 383.06 | 383.42 | 0.01% | 0.19% | 3,520 ETH |
| 10 Minutes | |||||||
| Before | 382.49 | 384.27 | 382.49 | 383.39 | 0.23% | 0.46% | 4,574 ETH |
| During | 383.39 | 384.21 | 383.06 | 384.08 | 0.18% | 0.30% | 6,883 ETH |
| 15 Minutes | |||||||
| Before | 382.10 | 384.27 | 381.64 | 383.39 | 0.34% | 0.68% | 5,874 ETH |
| During | 383.39 | 384.60 | 383.06 | 383.85 | 0.12% | 0.40% | 9,402 ETH |
| 30 Minutes | |||||||
| Before | 382.85 | 384.27 | 381.64 | 383.39 | 0.14% | 0.68% | 9,788 ETH |
| During | 383.39 | 384.60 | 382.84 | 382.89 | -0.13% | 0.46% | 14,682 ETH |
| 1 Hour | |||||||
| Before | 383.16 | 384.27 | 381.64 | 383.39 | 0.06% | 0.68% | 18,805 ETH |
| During | 383.39 | 384.60 | 379.11 | 379.73 | -0.96% | 1.43% | 32,275 ETH |
| 2 Hours | |||||||
| Before | 380.97 | 384.27 | 380.59 | 383.39 | 0.63% | 0.96% | 42,102 ETH |
| During | 383.39 | 384.60 | 379.11 | 383.06 | -0.09% | 1.43% | 62,932 ETH |
| 4 Hours | |||||||
| Before | 382.39 | 384.27 | 379.82 | 383.39 | 0.26% | 1.16% | 79,564 ETH |
| During | 383.39 | 408.39 | 379.11 | 406.69 | 5.73% | 7.17% | 436,543 ETH |
| 6 Hours | |||||||
| Before | 384.27 | 384.41 | 376.47 | 383.39 | -0.23% | 2.07% | 169,819 ETH |
| During | 383.39 | 408.39 | 379.11 | 401.87 | 4.60% | 7.17% | 572,784 ETH |
| 8 Hours | |||||||
| Before | 382.69 | 387.47 | 376.47 | 382.38 | -0.08% | 2.84% | 266,033 ETH |
| During | 382.39 | 408.39 | 379.11 | 406.69 | 5.98% | 7.17% | 516,107 ETH |
| 12 Hours | |||||||
| Before | 382.69 | 387.47 | 376.47 | 383.39 | 0.18% | 2.84% | 345,597 ETH |
| During | 383.39 | 408.39 | 379.11 | 403.98 | 5.10% | 7.17% | 785,611 ETH |
