Intraday Market Thoughts

Remember the US Trade Deficit?

by Ashraf Laidi
Aug 6, 2013 19:08

The US trade deficit fell 22% in $34.2 bn, reaching its lowest level since October 2009. The 22% decline was the biggest in over 4 years. Currency traders haven't focused on the US trade deficit since the mid 2000s, when it exceeded 6% of GDP. Today, it is half that level. Chart & analysis

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Remember the US Trade Deficit? - Us Trade Gap Vs Oil Aug 6 (Chart 1)


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