OctaFX | OctaFX Forex Broker
Open trading account
Back

US: International trade deficit narrowed to $65.5 billion in January from $68.7 billion

  • US Goods Trade Balance came in at -$65.5 billion in January.
  • US Dollar Index continues to move sideways near 98.50. 

The US' international trade deficit narrowed to $65.5 billion in January from $68.7 billion in December, the advanced monthly report published by the US Census Bureau showed on Friday.

"Exports of goods for January were $135.7 billion, $1.4 billion less than December exports," the publication read. "Imports of goods for January were $201.2 billion, $4.6 billion less than December imports."

Market reaction

The US Dollar Index clings to modest daily recovery gains near mid-98s after this data.

Fed's Kaplan: Need to consider broader economic policy aside from any possible rate cuts

"It's too soon to comment on what the Federal Reserve will do amid the market turmoil," Dallas Fed President Robert Kaplan told Fox Business on Friday
Read more Previous

Gold joins the selling party – TDS

Despite the turmoil in markets, and the worst week for equity markets since the financial crisis, gold and its precious metal peers have joined the se
Read more Next
Start livechat