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Ecuador Balance of Trade
58% of the total goes for oil exports in Ecuador's which the economy heavily relies on. Additionally, fish, shrimp, and bananas are exported. Raw materials for industry (which account for 25% of total imports), capital goods for industry (19%), fuels and lubricants (17%), and consumer durables (13%) are the primary imports to the country. The United States is Ecuador's major trading partner (45% of total exports and 27% of imports). Chile, China, Peru, Colombia, and Panama are also among the other commercial partners.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Forex Sentiment (USD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0984 -351 pips |
1.1308 +27 pips |
1.13351 | |
| GBPUSD |
|
|
1.3089 -405 pips |
1.3359 +135 pips |
1.34942 | |
| USDJPY |
|
|
140.5257 -229 pips |
147.1776 -436 pips |
142.815 | |
| USDCAD |
|
|
1.3736 -26 pips |
1.3990 -228 pips |
1.37620 | |
| AUDUSD |
|
|
0.6336 -139 pips |
0.6558 -83 pips |
0.64753 | |
| NZDUSD |
|
|
0.5864 -108 pips |
0.6059 -87 pips |
0.59718 | |
| USDCHF |
|
|
0.8327 +101 pips |
0.8550 -324 pips |
0.82255 | |
| USDCZK |
|
|
22.6642 +7354 pips |
22.8153 -8865 pips |
21.92880 | |
| USDHUF |
|
|
355.6960 -12 pips |
369.9769 -1416 pips |
355.81 | |
| USDMXN |
|
|
18.5986 -6883 pips |
19.6854 -3985 pips |
19.2869 |
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