Thursday, 10 December 2009

U.S. trade deficit unexpectedly fell in October:

U.S. trade deficit unexpectedly fell in October it was clear from today's trade ministry data on the country. Contraction of the negative balance is by 7,6 percent to 32.9 billion dollars. This news was supposed to push up the American currency on the market.
However, it was cleared today that applications for unemployment benefits last week rose by 17 thousand to 474 thousand pieces in total. That seemed to have pushed the USD a bit down, shortly after the two indicators were released at the same time.