CAD Trade Balance July 12, 2011

FF Notes : A positive number indicates that more goods were exported than imported. About 65% of Canadian exports are purchased by the US.

Why Traders Care : Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation’s exports. Export demand also impacts production and prices at domestic manufacturers.

CA Trade Balance July 12, 2011

CA Trade Balance July 12, 2011

Also Called : International Merchandise Trade.

Source : Statistics Canada (latest release).

Information by Forex Factory