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To: Haim R. Branisteanu who wrote (76472)6/23/2003 11:16:04 AM
From: At_The_Ask  Read Replies (1) | Respond to of 209892
 
Markets don't really move because of fundamental developments. They move on expectations of future events and as we know those are highly inaccurate.

Balace of trade is thought by many as being the old paradigm and many believe that expectation for economic growth is the main driver of currency flows. Balance of trade doesn't matter until it matters and I guess can stop mattering just as quickly.