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 |
|
|
1.0686 -38 pips |
1.0820 -96 pips |
1.07245 | |
| GBPUSD |
|
|
1.2432 -70 pips |
1.2621 -119 pips |
1.25015 | |
| USDJPY |
|
|
149.9956 -560 pips |
153.2014 +240 pips |
155.600 | |
| USDCAD |
|
|
1.3546 -112 pips |
1.3712 -54 pips |
1.36582 | |
| AUDUSD |
|
|
0.6465 -59 pips |
0.6580 -56 pips |
0.65245 | |
| NZDUSD |
|
|
0.5945 -14 pips |
0.6081 -122 pips |
0.59590 | |
| USDCHF |
|
|
0.8976 -151 pips |
0.9177 -50 pips |
0.91270 | |
| USDCZK |
|
|
23.4856 +640 pips |
23.5335 -1119 pips |
23.42160 | |
| USDHUF |
|
|
361.3149 -520 pips |
368.2233 -171 pips |
366.51 | |
| USDMXN |
|
|
16.9837 -2150 pips |
18.7998 -16011 pips |
17.1987 |
News (USD)
U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists had expected pending home sales to rise by just 0.3 percent.
RTTNews | 13h 41min ago
U.S. Pending Home Sales Surge Much More Than Expected In March
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday.
RTTNews | 14h 15min ago
U.S. Economic Growth Slows Much More Than Expected In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter of 2024. The Commerce Department said gross domestic product increased by 1.6 percent in the first quarter after surging by 3.4 percent in the fourth quarter of 2023. Economists had expected GDP to jump by 2.5 percent.
RTTNews | 14h 29min ago
