The U.S. current account deficit narrowed sharply | 22 12月 2022

22 12月 2022, USD/JPY

The U.S. current account deficit narrowed sharply

USDJPY trading plan:

The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data fresh showed. The Commerce Department said that the current account deficit, which measures the flow of goods, services and investments into and out of the country, contracted 9.1% to $217.1 billion last quarter. That was the smallest gap since the second quarter of 2021. Exports of goods increased $7.2 billion to a record $547.0 billion, boosted by non-monetary gold and capital goods such as civilian aircraft engines and parts as well as other industrial machinery. But soybean and corn exports fell. Imports of goods dropped $32.5 billion to $818.2 billion, pulled down by widespread decreases in consumer goods and industrial supplies and materials. The decline in consumer goods was led by household and kitchen appliances and other household goods. Imports have slowed as businesses assess their inventory needs amid cooling domestic demand against the backdrop of aggressive interest rate increases from the Federal Reserve.

Investment idea: buy 131.65 and take profit 132.35

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus