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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 |
|
|
1.1231 -482 pips |
1.1609 +104 pips |
1.17130 | |
| GBPUSD |
|
|
1.3063 -525 pips |
1.3584 +4 pips |
1.35878 | |
| USDJPY |
|
|
143.8559 -248 pips |
148.4582 -212 pips |
146.337 | |
| USDCAD |
|
|
1.3645 -49 pips |
1.3924 -230 pips |
1.36935 | |
| AUDUSD |
|
|
0.6402 -136 pips |
0.6599 -61 pips |
0.65384 | |
| NZDUSD |
|
|
0.5902 -98 pips |
0.6070 -70 pips |
0.60002 | |
| USDCHF |
|
|
0.8059 +114 pips |
0.8339 -394 pips |
0.79450 | |
| USDCZK |
|
|
21.8492 +8172 pips |
22.8261 -17941 pips |
21.03200 | |
| USDHUF |
|
|
355.9767 +1478 pips |
361.0600 -1987 pips |
341.19 | |
| USDMXN |
|
|
18.1441 -4733 pips |
19.3056 -6882 pips |
18.6174 |
News (USD)
Fed Minutes Reveal Mixed Views About Outlook For Interest Rates
The Federal Reserve on Wednesday released the minutes of its June monetary policy meeting, which revealed most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.
RTTNews | 45 minutes ago
U.S. Wholesale Inventories Dip In Line With Estimates In May
A report released by the Commerce Department on Wednesday showed a modest decrease by wholesale inventories in the U.S. in the month of May. The Commerce Department said wholesale inventories fell by 0.3 percent in May after inching up by 0.1 percent in April. The pullback by inventories matched economist expectations as well as the flash estimate.
RTTNews | 4h 51min ago
American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey
U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.
RTTNews | 22h 6min ago
