- Goods Trade Balance in the US came in at -$80.3 billion in October.
- DXY struggles to stage a rebound after the data.
The United States’ goods and services deficit rose by $0.9 billion to $80.3 billion in October from $79.4 billion in September, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday.
“Exports of goods for October were $126.0 billion, $3.4 billion more than September exports,” the publication further revealed. “Imports of goods for October were $206.3 billion, $4.4 billion more than September imports.”
Market reaction
The US Dollar Index (DXY) showed no immediate reaction to these figures and was last seen losing 0.12% on the day at 92.11.
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