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 |
|
|
1.0802 -54 pips |
1.0883 -27 pips |
1.08560 | |
| GBPUSD |
|
|
1.2714 -152 pips |
1.2918 -52 pips |
1.28660 | |
| USDJPY |
|
|
148.1961 -556 pips |
155.4842 -173 pips |
153.755 | |
| USDCAD |
|
|
1.3679 -12 pips |
1.3720 -29 pips |
1.36908 | |
| AUDUSD |
|
|
0.6580 +43 pips |
0.6644 -107 pips |
0.65374 | |
| NZDUSD |
|
|
0.6023 +139 pips |
0.6012 -128 pips |
0.58840 | |
| USDCHF |
|
|
0.8879 +43 pips |
0.8995 -159 pips |
0.88360 | |
| USDCZK |
|
|
23.1238 -2045 pips |
23.4678 -1395 pips |
23.32830 | |
| USDHUF |
|
|
356.4381 -355 pips |
361.9155 -193 pips |
359.99 | |
| USDMXN |
|
|
17.6691 -7772 pips |
18.5724 -1261 pips |
18.4463 |
News (USD)
U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July
The University of Michigan released revised data on Friday showing consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of July. The report said the consumer sentiment index for July was upwardly revised to 66.4 from the preliminary reading of 66.0. Economists had expected the reading to be unrevised.
RTTNews | 15h 39min ago
U.S. Consumer Prices Inch Up 0.1% In June, In Line With Estimates
Consumer prices in the U.S. crept up in line with economist estimates in the month of June, according to a highly anticipated report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in June after coming in unchanged in May. The uptick by the index matched expectations.
RTTNews | 16h 36min ago
U.S. PCE Price Index Inches Higher In June, Annual Growth Slows To 2.5%
Consumer prices in the U.S. crept up in line with economist estimates in the month of June, according to a highly anticipated report released by the Commerce Department on Friday.
RTTNews | 17h 23min ago
