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Balance of Trade climbed to 18.4 in December 2024, up 1.7 from November's 16.7 reading. The print exceeded the 17.3 consensus by 1.1. Balance of Trade has now risen for 3 consecutive months. Over the past 3 months, Balance of Trade averaged 15.9, vs 19.2 in the prior 3-month window. The reading is in the 57th percentile of the trailing 24-month range.
The February 2025 reading rose from the previous value of 16.7. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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