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Canada January trade balance +2.62B vs +1.60B expected

Started by forex4you, Mar 08, 2022, 02:47 pm

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forex4you

Mar 08, 2022, 02:47 pm
Canada January trade balance +2.62B vs +1.60B expected

    Largest surplus since 2008


    Prior was -0.14B (revised to -$1.58B)
    Exports $56.6B vs $56.7B prior
    Imports $54.0B vs $58.3B prior


The loonie has been stuck because of risk aversion but Canada's terms of trade are improving by the hour. In terms of this report, the revision

Source: Canada January trade balance +2.62B vs +1.60B expected

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