The dollar rose yesterday as the US trade deficit narrowed unexpectedly in March.
The deficit was "just" $55bn in March, wrongfooting those who had forecast a widening of February's revised $60.6bn figure.
By Steve Johnson
Published: May 12 2005 03:00 | Last updated: May 12 2005 03:00
The dollar rose yesterday as the US trade deficit narrowed unexpectedly in March.
The deficit was "just" $55bn in March, wrongfooting those who had forecast a widening of February's revised $60.6bn figure.