ETH Volatility Analysis for International Exports, 3rd May 2018

Data Analysis

The release

Released by the Bureau of Census, Bureau of Economic Analysis on 3 May 2018 at 8:30 AM EDT. The International Exports in Goods and Services rose to $213.3B for March 2018, from $210.5B in February 2018.

It arrived at the same moment as International Trade Balance in Goods and Services, International Imports in Goods and Services, Initial Jobless Claims and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.

Measured by Clometrix

Ethereum's volatility ratio was 1.49x, against 1.25x for a typical International Exports release since 2021. Its volume ratio was 2.21x, 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 $731.17 when the figure came out. Fifteen minutes later it was 0.47% higher, and an hour later 1.97% higher. Its high-to-low range in the hour after was 2.35% of its price, against 1.85% 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 after the Federal Reserve's 2 May rate decision. Its own ratio of 1.49x 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

688.84

Close

767.00

24h Change

78.16 (10.19%)

24h High

792.08

24h Low

687.37

24h Volume

238,195 ETH

US International Exports in Goods and Services

Bureau of Census, Bureau of Economic Analysis

3rd May, 2018, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time Open High Low Close Change Amplitude Volume
 
1 Minute
Before730.00731.17730.00731.010.14%0.16%181 ETH
During731.17731.70731.17731.500.05%0.07%75 ETH
 
5 Minutes
Before731.55732.00728.40731.01-0.07%0.49%818 ETH
During731.17736.89731.17736.840.77%0.78%1,168 ETH
 
10 Minutes
Before728.28732.00726.79731.010.37%0.71%1,873 ETH
During731.17739.84731.17738.490.99%1.17%2,670 ETH
 
15 Minutes
Before724.78732.00723.09731.010.85%1.22%3,357 ETH
During731.17739.84731.17734.640.47%1.17%4,092 ETH
 
30 Minutes
Before722.20732.00722.20731.011.21%1.34%3,968 ETH
During731.17748.28731.17741.791.43%2.29%9,382 ETH
 
1 Hour
Before719.50732.00718.50731.011.57%1.84%5,610 ETH
During731.17748.36731.17745.571.93%2.30%23,505 ETH
 
2 Hours
Before721.00732.00718.50731.011.37%1.84%9,735 ETH
During731.17758.70731.17745.491.92%3.63%43,114 ETH
 
4 Hours
Before716.57732.00711.01731.011.98%2.87%18,661 ETH
During731.17758.70731.17753.592.98%3.63%58,824 ETH
 
6 Hours
Before714.58732.00711.01731.012.25%2.87%30,526 ETH
During731.17777.68731.17758.413.59%5.98%90,889 ETH
 
8 Hours
Before688.84732.26687.37716.573.87%6.13%76,171 ETH
During716.57758.70711.01753.594.91%6.29%77,486 ETH
 
12 Hours
Before688.84732.26687.37731.015.77%6.13%94,833 ETH
During731.17792.08731.17767.004.67%7.69%143,362 ETH

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