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Ecuador Inflation Rate YoY
Food and non-alcoholic beverages (25.1% of the total weight), transportation (13.6%), housing, water, electricity, gas, and other fuels (10.2%), and clothing and footwear (9%), are the primary components of the consumer price index in Ecuador. Among the industries represented are restaurants and hotels (which account for 6.8%), education (6.78%), furniture and household equipment (6.1%), and health care (6%). Recreation and culture (5.9%), other goods and services (5.2%), communications (4.4%), and alcoholic beverages, tobacco, and narcotics (0.9%) are among the other categories. As of 2004, the national index has a 100-point starting point. Price and spending patterns in eight typical cities, which account for 67.44% of the country's urban population, are reflected in the Consumer Price Index (CPI). The eight cities include Quito, Guayaquil, Cuenca, Machala, Esmeraldas, Manta, Ambato, and Loja.
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 |
|
|
1.1226 -482 pips |
1.1608 +100 pips |
1.17080 | |
| GBPUSD |
|
|
1.3058 -528 pips |
1.3584 +2 pips |
1.35858 | |
| USDJPY |
|
|
143.9743 -253 pips |
148.8030 -230 pips |
146.502 | |
| USDCAD |
|
|
1.3645 -52 pips |
1.3924 -227 pips |
1.36968 | |
| AUDUSD |
|
|
0.6400 -131 pips |
0.6599 -68 pips |
0.65310 | |
| NZDUSD |
|
|
0.5900 -92 pips |
0.6070 -78 pips |
0.59920 | |
| USDCHF |
|
|
0.8058 +102 pips |
0.8338 -382 pips |
0.79561 | |
| USDCZK |
|
|
21.8492 +7933 pips |
22.8261 -17702 pips |
21.05587 | |
| USDHUF |
|
|
355.9767 +1466 pips |
361.2797 -1996 pips |
341.32 | |
| USDMXN |
|
|
18.1436 -4163 pips |
19.2934 -7335 pips |
18.5599 |
News (USD)
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 | 1h 43min 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 | 18h 58min ago
U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB
Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.
RTTNews | 1 day ago
