Canada Q2 current account -$6.63 billion vs -$11.2 billion expected

<ul><li>Prior -$6.17 billion; revised to -$3.17 billion</li></ul><p>The current account deficit widened in Q2 but less than anticipated at least. Of note, the trade in goods balance moved into a deficit position for the first time in two years, mostly as a result of lower exports of energy products and farm, fishing, and food products. Meanwhile, the trade in services deficit was seen narrowing.</p>

This article was written by Justin Low at www.forexlive.com.