Industrial Production rose at slightly more than expected in November. US Dollar Index posts modest losses around 90.60. Industrial Production in the United States expanded by 0.4% on a monthly basis in November, the US Federal Reserve reported on Tuesday. This print followed October’s increase of 0.9% (revised from 1.1%) and came in slightly better than the market expectation of 0.3%. Additional takeaways “In November, manufacturing output advanced 0.8% for its seventh consecutive monthly gain.” “Capacity utilization for the industrial sector increased 0.3 percentage point in November to 73.3%.” Market reaction The greenback struggles to stage a recovery against its rivals after this report. As of writing, the US Dollar Index was down 0.12% on the day at 90.60. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD jumps to multi-day tops, around $1855 region FX Street 2 years Industrial Production rose at slightly more than expected in November. US Dollar Index posts modest losses around 90.60. Industrial Production in the United States expanded by 0.4% on a monthly basis in November, the US Federal Reserve reported on Tuesday. This print followed October's increase of 0.9% (revised from 1.1%) and came in slightly better than the market expectation of 0.3%. Additional takeaways "In November, manufacturing output advanced 0.8% for its seventh consecutive monthly gain." "Capacity utilization for the industrial sector increased 0.3 percentage point in November to 73.3%." Market reaction The greenback struggles to stage a recovery against its… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
