Data Analysis
The release
Released by the Bureau of Census, Bureau of Economic Analysis on 5 October 2018 at 8:30 AM EDT. The International Exports in Goods and Services fell to $211.4B for August 2018, from $211.5B in July 2018.
It arrived at the same moment as International Trade Balance in Goods and Services, International Imports in Goods and Services, Non-Farm Payrolls, Non-Farm Private Payrolls and Unemployment Rate, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Ethereum's volatility ratio was 1.47x, against 1.25x for a typical International Exports release since 2021. Its volume ratio was 1.41x, 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 $223.83 when the figure came out. Fifteen minutes later it was 0.12% lower, and an hour later 0.29% higher. Its high-to-low range in the hour after was 0.67% of its price, against 0.5% 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 was not within two weeks of a Fed decision. Its own ratio of 1.47x compares with 1.39x for those, about what 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
223.23Close
228.2224h Change
4.99 (2.19%)24h High
231.7524h Low
219.3524h Volume
138,019 ETHUS International Exports in Goods and Services
Bureau of Census, Bureau of Economic Analysis
5th October, 2018, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 223.86 | 223.86 | 223.76 | 223.80 | -0.03% | 0.04% | 4 ETH |
| During | 223.83 | 223.99 | 223.72 | 223.86 | 0.01% | 0.12% | 82 ETH |
| 5 Minutes | |||||||
| Before | 224.16 | 224.16 | 223.64 | 223.80 | -0.16% | 0.23% | 319 ETH |
| During | 223.83 | 224.07 | 223.69 | 223.94 | 0.05% | 0.17% | 472 ETH |
| 10 Minutes | |||||||
| Before | 223.99 | 224.46 | 223.64 | 223.80 | -0.08% | 0.37% | 896 ETH |
| During | 223.83 | 224.07 | 223.66 | 223.90 | 0.03% | 0.18% | 671 ETH |
| 15 Minutes | |||||||
| Before | 224.25 | 224.46 | 223.64 | 223.80 | -0.20% | 0.37% | 1,284 ETH |
| During | 223.83 | 224.07 | 223.01 | 223.57 | -0.12% | 0.47% | 1,279 ETH |
| 30 Minutes | |||||||
| Before | 223.46 | 224.46 | 223.45 | 223.80 | 0.15% | 0.45% | 2,193 ETH |
| During | 223.83 | 224.15 | 223.01 | 224.00 | 0.08% | 0.51% | 2,307 ETH |
| 1 Hour | |||||||
| Before | 223.76 | 224.46 | 223.33 | 223.80 | 0.02% | 0.50% | 5,651 ETH |
| During | 223.83 | 224.51 | 223.01 | 224.48 | 0.29% | 0.67% | 3,809 ETH |
| 2 Hours | |||||||
| Before | 221.98 | 224.46 | 221.58 | 223.80 | 0.81% | 1.28% | 12,451 ETH |
| During | 223.83 | 225.70 | 223.01 | 224.98 | 0.51% | 1.19% | 10,572 ETH |
| 4 Hours | |||||||
| Before | 221.74 | 224.46 | 220.90 | 223.80 | 0.92% | 1.59% | 19,416 ETH |
| During | 223.83 | 225.71 | 223.01 | 223.75 | -0.04% | 1.20% | 20,532 ETH |
| 6 Hours | |||||||
| Before | 222.26 | 224.46 | 220.85 | 223.80 | 0.69% | 1.61% | 30,829 ETH |
| During | 223.83 | 225.71 | 222.52 | 222.89 | -0.42% | 1.41% | 27,025 ETH |
| 8 Hours | |||||||
| Before | 223.23 | 225.00 | 219.35 | 221.74 | -0.67% | 2.51% | 47,568 ETH |
| During | 221.74 | 225.71 | 220.90 | 223.75 | 0.90% | 2.13% | 39,947 ETH |
| 12 Hours | |||||||
| Before | 223.23 | 225.00 | 219.35 | 223.80 | 0.25% | 2.51% | 66,984 ETH |
| During | 223.83 | 231.75 | 222.52 | 228.22 | 1.92% | 3.98% | 71,035 ETH |
