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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 |
|
|
1.1187 -501 pips |
1.1607 +81 pips |
1.16879 | |
| GBPUSD |
|
|
1.2983 -524 pips |
1.3563 -56 pips |
1.35066 | |
| USDJPY |
|
|
144.2711 -318 pips |
149.3160 -187 pips |
147.449 | |
| USDCAD |
|
|
1.3641 -35 pips |
1.3931 -255 pips |
1.36758 | |
| AUDUSD |
|
|
0.6446 -133 pips |
0.6621 -42 pips |
0.65790 | |
| NZDUSD |
|
|
0.5915 -93 pips |
0.6079 -71 pips |
0.60083 | |
| USDCHF |
|
|
0.8044 +73 pips |
0.8354 -383 pips |
0.79713 | |
| USDCZK |
|
|
21.6125 +4933 pips |
22.8341 -17149 pips |
21.11919 | |
| USDHUF |
|
|
355.2811 +1313 pips |
361.5219 -1937 pips |
342.15 | |
| USDMXN |
|
|
18.2108 -4233 pips |
19.3333 -6992 pips |
18.6341 |
News (USD)
U.S. Jobless Claims Unexpectedly Slip To 227,000
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
RTTNews | 1 day ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
RTTNews | 1 day ago
Saying Goodbye To The Penny To Cost U.S. Consumers $6 Mln In 'Rounding Tax'
Phasing out the penny is set to involve some cost to U.S. consumers paying in cash as businesses are set to round transactions to the nearest nickel, new research from the Federal Reserve Bank of Richmond revealed on Wednesday.
RTTNews | 2 days ago
