News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.02% US 500: 0.02% Germany 30: -0.03% FTSE 100: -0.08% France 40: -0.09% View the performance of all markets via
  • US Dollar Price Action Setups: EUR/USD, GBP/USD $USD $EURUSD $GBPUSD
  • RT @CGasparino: BREAKING -- @JoeBiden Admin is in the early stages of developing a regulatory approach to the booming crypto biz, sources t…
  • The US Dollar is in correction within the yearly uptrend with the decline now eyeing initial support objectives just lower. Get your $USD technical analysis from @MBForex here:
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.03% Gold: -0.29% Silver: -0.57% View the performance of all markets via
  • The Dollar ($DXY) has cleared both its 50-day SMA and the midpoint of the 2021 range. What has greater pull: its roll as wayward safe haven (vs inverted $SPX) or the recent fade in returns (US 10yr). The 20-day correlation to both approximately ~0.8, strong
  • US Dollar Index (DXY) trend from last March picking up steam again. February and January lows up next on radar, could take a few weeks. Get your market update from @PaulRobinsonFX here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX:
  • RT @ChadPergram: Biden now mtg w/bipartisan/bicameral mbrs about infrastructure. Says they're discussing "how to pay for it." Adds they "ho…
  • $WTI #Crude #Oil Price Outlook: Breakout Eyes Resistance- Bulls at Risk -
US Trade Deficit Comes in Slightly below $70 Billion; Inventories Rise

US Trade Deficit Comes in Slightly below $70 Billion; Inventories Rise

Dylan Jusino,

Talking Points:

- US Advance Goods Trade Balance came in below projections in November at -$69.7 billion; the advanced figure was revised up to -$68.1 billion.

- US Dollar does not see much price action despite a slight deterioration in trade

- See the DailyFX Economic Calendar for upcoming economic data and for a schedule of live coverage see the DailyFX Webinar Calendar.

See our longer-term forecasts for the US Dollar, Euro, British Pound and more with the DailyFX Trading Guides

Advance International Trade

As 2017 comes to an end, the US Census Bureau announced that the international trade deficit stands at $69.7 billionin November which was slightly up from the $68.1 billion deficit in October. Exports were at $133.7 billion, $3.8 billion more than in October. Imports also rose, but by a larger margin of $5.4 billion bringing the total to $203.4 billion in November.

Advance Inventories

The Census Bureau also reported that wholesale inventories in November, adjusted for seasonal variations (not price changes), increased by 0.7% over the previous month. On a year-over-year basis inventories were up 3.8% last month. Also, October’s inventories saw a slight upward revision from -0.5% to 0.4%.

Retail inventories for November, adjusted for seasonal variations (not for price changes), increased as well, but by only 0.1%. This marks a 0.2% from October 2017 which came in at -0.1%.

For a full-detailed reports from the Census Bureau see the Advance Economic Indicator Report.

Here are the data that is having a limited impact on the US Dollar this morning:

- USD Advance Goods Trade Balance (NOV): -$69.7b versus -$67.9b expected, from $68.1b (revised higher from -$68.3b)

- USD Wholesale Inventories (NOV P): 0.7% versus 0.3% expected, from -0.4% previous.

Chart 1: DXY Index 15-minute Chart (December 28, 2017 Intraday)

US Trade Deficit Comes in Slightly below $70 Billion; Inventories Rise

Immediately following the data, the US Dollar Index nudged slightly higher. The slight bump did not last as DXY traded slightly lower (92.64) at the time that this was written.

--- Written by Dylan Jusino, DailyFX Research

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.