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 |
|
|
1.1283 -431 pips |
1.1664 +50 pips |
1.17144 | |
| GBPUSD |
|
|
1.3108 -329 pips |
1.3513 -76 pips |
1.34366 | |
| USDJPY |
|
|
144.3039 -291 pips |
148.7854 -157 pips |
147.214 | |
| USDCAD |
|
|
1.3840 -126 pips |
1.4093 -127 pips |
1.39658 | |
| AUDUSD |
|
|
0.6506 -87 pips |
0.6629 -36 pips |
0.65931 | |
| NZDUSD |
|
|
0.5803 -8 pips |
0.5912 -101 pips |
0.58114 | |
| USDCHF |
|
|
0.8008 +35 pips |
0.8378 -405 pips |
0.79728 | |
| USDCZK |
|
|
21.6862 +9909 pips |
22.2514 -15561 pips |
20.69531 | |
| USDHUF |
|
|
354.1926 +2250 pips |
356.6093 -2491 pips |
331.70 | |
| USDMXN |
|
|
18.2181 -1963 pips |
19.1055 -6911 pips |
18.4144 |
News (USD)
U.S. Mortgage Applications Decline - MBA
U.S. mortgage applications decreased in the week ended September 26 after rising in the previous three weeks, latest survey data from the Mortgage Bankers Association showed on Wednesday.
RTTNews | 1 day ago
U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction
A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.
RTTNews | 1 day ago
U.S. Private Sector Unexpectedly Cuts 32,000 Jobs In September
Private sector employment in the U.S. unexpectedly decreased in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment fell by 32,000 jobs in September after dipping by a revised 3,000 jobs in August. Economists had expected private sector employment to climb by 50,000 jobs.
RTTNews | 1 day ago
