US trade deficit narrows less than expected in July. US Dollar Index continues to consolidate its daily fall near 98.60. The data published jointly by the US Census Bureau and the US Bureau of Economic Analysis today showed that the goods and services deficit narrowed to $54.0 billion in July from $55.5 billion in June but came in slightly worse than the market expectation of $53.5 billion. The USD’s reaction to the data was muted and the US Dollar Index was last down 0.32% on the day at 98.64. “July exports were $207.4 billion, $1.2 billion more than June exports. July imports were $261.4 billion, $0.4 billion less than June imports,” the US Census Bureau said in its press release. “The July decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.6 billion to $73.7 billion and a decrease in the services surplus of $0.1 billion to $19.7 billion.” 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 NOK weakness not over – Nordea FX Street 4 years US trade deficit narrows less than expected in July. US Dollar Index continues to consolidate its daily fall near 98.60. The data published jointly by the US Census Bureau and the US Bureau of Economic Analysis today showed that the goods and services deficit narrowed to $54.0 billion in July from $55.5 billion in June but came in slightly worse than the market expectation of $53.5 billion. The USD's reaction to the data was muted and the US Dollar Index was last down 0.32% on the day at 98.64. "July exports were $207.4 billion, $1.2 billion more than June… 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.
