Canadian exports rose 1.8% billion in August following two consecutive monthly declines. The trade deficit narrowed to $955 million vs. $1 billion expected. Statistics Canada on Friday announced that Canada’s merchandise trade deficit narrowed from $1.4 billion in July to $955 million in August. Analysts were expecting a deficit of $1 billion. “Canada’s exports rose 1.8% in August, mainly due to an increase in exports of energy products and aircraft. Imports were up 1.0%, mostly on higher imports of gold and crude oil,” Statistics Canada explained in its press release. The USD/CAD pair was last seen trading at 1.3303, down 0.25% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple’s XRP technical analysis: XRP/USD $0.2450 is critical daily support, failure to hold could be punishing FX Street 3 years Canadian exports rose 1.8% billion in August following two consecutive monthly declines. The trade deficit narrowed to $955 million vs. $1 billion expected. Statistics Canada on Friday announced that Canada's merchandise trade deficit narrowed from $1.4 billion in July to $955 million in August. Analysts were expecting a deficit of $1 billion. "Canada's exports rose 1.8% in August, mainly due to an increase in exports of energy products and aircraft. Imports were up 1.0%, mostly on higher imports of gold and crude oil," Statistics Canada explained in its press release. The USD/CAD pair was last seen trading at 1.3303, down… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.