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US: International trade deficit declines to $83.3 billion in November

  • International trade deficit of the US declined by $15.5 billion in October.
  • US Dollar Index stays above 104.00 after the data. 

The data published by the US Census Bureau revealed on Tuesday that the US international rate deficit declined by $15.5 billion to $83.3 billion in November from $98.8 billion in October. 

"Exports of goods for November were $168.9 billion, $5.3 billion less than October exports," the publication further read. "Imports of goods for November were $252.2 billion, $20.8 billion less than October imports."

Market reaction

The US Dollar Index showed no immediate reaction to this report and was last seen posting small daily losses at 104.22.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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