El Salvador Balance of Trade
The trade deficit in El Salvador is mostly caused by the country's need to import fuels, consumer products, and industrial equipment. Exports of textiles are the most significant, followed by chemicals, rubber and plastics, metallurgical products, and sugar, among other things. The United States is the most important trading partner, accounting for 45% of exports and 32% of imports. Guatemala, Honduras, and Nicaragua are some of the other countries.
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 |
|
|
1.1310 -405 pips |
1.1613 +102 pips |
1.17154 | |
| GBPUSD |
|
|
1.3137 -389 pips |
1.3515 +11 pips |
1.35256 | |
| USDJPY |
|
|
144.5745 -261 pips |
149.3268 -214 pips |
147.185 | |
| USDCAD |
|
|
1.3690 -57 pips |
1.3872 -125 pips |
1.37467 | |
| AUDUSD |
|
|
0.6459 -91 pips |
0.6590 -40 pips |
0.65501 | |
| NZDUSD |
|
|
0.5851 -49 pips |
0.5985 -85 pips |
0.58997 | |
| USDCHF |
|
|
0.8061 +53 pips |
0.8345 -337 pips |
0.80083 | |
| USDCZK |
|
|
21.7843 +9353 pips |
22.1688 -13198 pips |
20.84897 | |
| USDHUF |
|
|
340.1900 +311 pips |
356.9804 -1990 pips |
337.08 | |
| USDMXN |
|
|
18.1762 -4319 pips |
19.3135 -7054 pips |
18.6081 |
News (USD)
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.
RTTNews | 2 days ago
Chicago Business Barometer Slumps Much More Than Expected In August
MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 2 days ago
U.S. Consumer Prices Increase In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 2 days ago
