Trade balance and current account: what do they tell you about a currency?

A country that exports more than it imports earns more foreign currency than it spends, which supports its currency over time. The relationship is slow and easily overwhelmed by interest rates, but it sets the background.

Post your questions, and if you trade a pair because of trade flows (AUD, NZD, CAD traders come to mind), explain what you watch.

The trade balance guide covers both measures in plain language.