Header help text

Start trading with a free $30

There is no better time than now
Your first deposit is on us

Grab your $30 from XM

Top Stories
by ForexNewsNow Team on July 13, 2010

U.S. trade deficit widens, confounding forecasts

NEW YORK (Forex News Now) – The U.S. trade deficit widened unexpectedly in May to its highest since November 2008, official data showed on Tuesday, in one of the day’s major FX news events.

The Commerce Department said the trade gap climbed to USD 42.3 billion during the month, up nearly 5% from April’s $40.3 billion.

Global forex analysts had expected the deficit to contract slightly to USD 39 billion in May, two major forex news outlets reported.


For more exclusive forex broker reviews, follow us on Twitter or join us on Facebook.

Comments (0 comment(s))