HomeLive CommentsUS trade deficit widened to USD -78.2B in Oct

US trade deficit widened to USD -78.2B in Oct

US exports of goods and services dropped USD 1.9B over the month in October, while imports rose USD 2.2B. Trade deficit widened from USD -74.1B to USD -78.2B, smaller than expectation of USD -79.4B.

The increased in goods and services trade deficit reflected an increased in goods deficit of USD 6.1B to USD -99.6B, and increased in services surplus of USD 2.1B to USD 21.4B.

Full release here.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading