U.S. trade balance in deficit by $70.7 billion, previously -$79.6 billion - deficit narrowed by 12%

U.S. trade balance in deficit by $70.7 billion, previously -$79.6 billion - deficit narrowed by 12%
Photo by frank mckenna / Unsplash

The dollar is rising in value on the data.

A strong dollar will have a negative impact on U.S. stock prices today.

Earlier we explained how the trade balance affects the exchange rate.