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Trading news
28 Feb 2020
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.