The US trade deficit hit $57 billion in April than that. The March deficit was put at $53.56 billion. Afterward, the euro fell to $1.2147 from the dollar, its lowest point in nine months (since Sep. 20th) on Friday. While economists had anticipated an April shortage of $58 billion, the greenback rose to 107.79 from the yen following the report. The US trade deficit was regarded as a negative impact on the dollar in recent decades because of the lackluster performance against other currencies of the US currency.
Reply With Quote
