The U.S. trade deficit fell to a more than three-year low | 08 Enero 2020

08 Enero 2020, USD/JPY

The U.S. trade deficit fell to a more than three-year low

USDJPY trading plan:

We are expecting an uptrend to develop. The Commerce Department said on Tuesday the trade deficit decreased 8.2% to $43.1 billion, the smallest since October 2016. The percentage drop was the largest since January. Data for October was revised to show the trade gap declining to $46.9 billion instead of the previously reported $47.2 billion. The shrinking trade bill should provide a boost to gross domestic product in the fourth quarter, falling consumer goods imports also suggest a cooling in domestic demand. The goods trade deficit with China, the focus of the White House's tumbled 15.7% to $26.4 billion.

Trading recommendation: Buy 108.20 and take profit 108.50.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus