Canada trade deficit shrinks more than forecast

ForexNewsNow | Published on October 14, 2010 at 8:41 am

indicator analysis - The Canadian flagNEW YORK (Forex News Now) – Canada’s trade deficit shrank far more than expected in August, official data showed on Tuesday in one of the day’s major realtime forex news events.

In a crucial report for indicator analysis, Canada’s statistics agency said the country’s trade deficit dropped to CAD -1.4 billion, down from a revised -2.6 billion in July.

Analysts had expected a more modest decline to CAD -2.2 billion in August, two major currency market trading news outlets reported.



Sign up for our Newsletter

Top Forex Brokers

FCA Regulated
$100 Min. Deposit
Free Bonus
Old Broker
Own Trading Platform

Binary Options Video