cler_99
07-13-2005, 07:12 AM
The US trade deficit was lower than anticipated at US$55.3bn in the revised US$56.9bn the preceding month. While there had been just export development imports dropped. The markets are stressing over the shortage and the greater than anticipated data should provide some dollar relief and also the US currency has strengthened to 1.2130. The buck will have to break this amount.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk