A report released by the Commerce Department on Thursday showed the U.S. trade deficit narrowed significantly more than expected in the month of November.
The Commerce Department said the trade deficit shrank to $61.5 billion in November from a revised $77.8 billion in October.
Economists had expected the trade deficit to narrow to $74.0 billion from the $78.2 billion originally reported for the previous month.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.