US: Trade deficit widens to $44.4 billion in March

US Trade Balance falls to -$44.4 billion in March.
US Dollar Index stays in positive territoıry below 100 after the data.

Eren Sengezer FXStreet

The international goods and services trade deficit of the United States widened to $44.4 billion in March from $39.8 billion in February, the US Census Bureau announced on Tuesday. This reading came in slightly worse than the market expectation for a deficit of $44 billion.

"March exports were $187.7 billion, $20.0 billion less than February exports," the press release further read. "March imports were $232.2 billion, $15.4 billion less than February imports."

Market reaction

Market participants largely ignored this data and the US Dollar Index was last at 99.75, up 0.25% on the day.

Author

Eren Sengezer

FXStreet

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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