US: Trade deficit widens to $84.8 billion in November

US' trade deficit continued to widen in November.
US Dollar Index stays deep in red near 89.70.

Eren Sengezer FXStreet

The United States' goods and services deficit rose by $4.4 billion to $84.8 billion in November, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday.

"Exports of goods for November were $127.2 billion, $1.1 billion more than October exports," the press release further read. "Imports of goods for November were $212.0 billion, $5.5 billion more than October imports."

Market reaction

The US Dollar Index showed no immediate reaction to this data and was last seen losing 0.3% on a daily basis at 89.72.

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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