U.S. dollar inches lower on higher U.S. trade deficit
NEW YORK, June 7 (Xinhua) -- The U.S. dollar stayed nearly flat on Wednesday despite rising U.S. Treasury yields, as the U.S. trade deficit worsened materially in April.
The dollar index, which measures the greenback against six major peers, decreased 0.03 percent to 104.0906 in late trading.
The United States reported 74.6 billion U.S. dollars of trade deficit in April, much higher than 60.6 billion U.S.