- US’ Goods Trade Balance declined to -$83.7 in January.
- US Dollar Index stays above 90.50 after the data.
The international trade deficit of the US expanded by $0.5 billion to $83.7 billion in January, the data released by the US Census Bureau showed on Friday.
“Exports of goods for January were $135.2 billion, $1.9 billion more than December export,” the publication further read. “Imports of goods for January were $218.9 billion, $2.5 billion more than December imports.”
Finally, Wholesale Inventories in the same period increased by 1.3%.
The US Dollar Index showed no immediate reaction to this report and was last seen gaining 0.47% on the day at 90.55.