Exports (USD) comes in at 315.182B

Exports (USD) were reported at 315.182B for the latest period. This represents an increase from the prior figure of 310.723B. No consensus estimate was available for this release.

Following the release, market reactions were observed. AUDUSD moved +0.9 pips 15 minutes after the print, EURUSD moved -1.6 pips, and GBPUSD moved +4.2 pips. NZDUSD saw a +0.4 pip move, USDCAD moved -5.1 pips, USDCHF moved -0.8 pips, and USDJPY moved -7.4 pips. XAUUSD moved -28 pips. These initial movements are generally small when compared to the typical median 1-hour moves for these pairs, which historically range from 7 pips to 12 pips for the currency pairs and 31 pips for XAUUSD after past releases of this type.