The U.S. trade gap widened to $42 billion in July, less than economists' estimate of a $44.3 billion deficit and down from a revised deficit of $41.9 billion recorded in June.
The dollar held steady against its major rivals after the report. As of 8:32 am ET, the dollar was trading at 0.9449 against the Swiss franc, 1.6030 against the pound, 77.95 against the yen and 1.2783 against the euro.
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