Balance of payments

The Balance of Payments is one of the most important instruments for measuring the foreign trade of a country and represents the difference in value between imports and exports: goods, services, capital flows, and unilateral transfers during the previous period.
Description

The balance of payments is divided into two main accounts: the balance of trade and capital. The first, in the trade and exports, while the second refers to purchases and sales of financial and real assets, such as bonds, stocks or real estate.

The balance of payments is a major market mover for the forex market which is issued monthly by the central banks and Treasury Ministries.
Forex and Balance of Payments

The balance of payments, such as trade, is a market mover rather "impactful" is directly linked to demand for currency; the surplus, it indicates the presence of a larger number of foreign buyers in search of currency. It follows, therefore, that when the balance of payments is shown above the expectations of analysts, tends to have a bullish effect on the currency.