FOREX-Dollar holds gains as U.S. trade deficit worsens

By Kitco News / February 06, 2018 / www.kitco.com / Article Link

NEW YORK, Feb 6 (Reuters) - The dollar clung to its earlier gains against a basket of currencies on Tuesday even as data showed United States' trade gap deteriorated to its widest level in nine years in December due to a surge in imports. At 8:34 a.m. (1334 GMT), the index that tracks the greenback against the euro, yen and four other major currencies was up 0.39 percent at 89.906.


(Reporting by Richard Leong)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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