(RTTNews) - The US trade balance report for December has been slated for release at 8:30 am ET Wednesday. The trade gap, which measures the difference between imports and exports of both tangible goods and services, is expected to narrow to 35.5 billion on month from $40.4 billion in November.
Ahead of the release, the US dollar held steady against most of its major rivals. At 8:25 am ET, the dollar traded at 90.17 against the yen, 1.4412 versus the pound, 1.158 against the Swiss franc and 1.2952 versus the euro.
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