- The US trade deficit narrowed in October, although not as much as expected.
- The DXY did not react to the data, although it recently rose above 96.50 again.
The US goods and services trade deficit fell to $ 67.1 billion in October from $ 81.4 billion in September, reported Tuesday the US Census Bureau That was larger than the expected trade deficit for the month of $ 66.8 billion. Monthly imports increased to $ 290.70 billion from $ 288.20 billion in September, while monthly exports increased to $ 233.60 billion in October from $ 206.80 billion the previous month.
Market reaction
The DXY It has moved to session highs above 96.50 in recent trading, although most of this movement occurred before the data release and appears to be more a function of broader risk appetite.
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