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US trade deficit rose to 6-month high in February

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The commerce department data released in the US showed trade deficit in February rose to a six-month high of $47.1 billion.

    Trade deficit rose from a revised $45.9 billion in January. Economists were expecting the trade deficit figure to print at $46.2 billion.

    Exports rose for the first time in five months. Exports rose 1% to $178.1 billion in February, but imports rose 1.3% to $225.1 billion, ensuring the trade deficit rose to 6-month high.
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