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US: International trade deficit widens to $91.2 billion in June

  • US international trade deficit US continued to expand in June.
  • US Dollar Index stays in the positive territory above 92.60.

The advanced data published by the US Census Bureau revealed on Wednesday that the international trade deficit increased by $3 billion in June to $91.2 billion from $88.2 billion in May.

"Exports of goods for June were $145.5 billion, $0.5 billion more than May exports," the publication further read. "Imports of goods for June were $236.7 billion, $3.5 billion more than May imports."

Market reaction

This report doesn't seem to be having a noticeable impact on the USD's performance against its rivals. As of writing, the US Dollar Index was up 0.18% on the day at 92.63.

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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