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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 |
|
|
1.0942 -387 pips |
1.1353 -24 pips |
1.13288 | |
| GBPUSD |
|
|
1.2877 -407 pips |
1.3335 -51 pips |
1.32841 | |
| USDJPY |
|
|
140.8219 -281 pips |
147.6805 -405 pips |
143.635 | |
| USDCAD |
|
|
1.3753 -123 pips |
1.4096 -220 pips |
1.38762 | |
| AUDUSD |
|
|
0.6278 -131 pips |
0.6546 -137 pips |
0.64087 | |
| NZDUSD |
|
|
0.5841 -140 pips |
0.6068 -87 pips |
0.59812 | |
| USDCHF |
|
|
0.8266 -53 pips |
0.8675 -356 pips |
0.83190 | |
| USDCZK |
|
|
22.1184 +1175 pips |
22.9077 -9068 pips |
22.00089 | |
| USDHUF |
|
|
355.3985 -304 pips |
371.3857 -1295 pips |
358.43 | |
| USDMXN |
|
|
18.3637 -12674 pips |
19.7743 -1432 pips |
19.6311 |
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