RTTN: US Dollar Steady Ahead Of November Industrial Production Report
(RTTNews) - The Federal Reserve will report on November industrial production and capacity utilization at 9:15 am ET. Industrial production is expected to rise 0.6% in November after edging up 0.1% in October, while the capacity utilization is expected to jump 71.1% from 70.7% in the previous month.
The greenback moved mostly sideways against its major rivals ahead of the report. Currently, the dollar is trading at 1.4553 against the euro, 1.0398 versus the Swiss franc, 89.55 against the yen and 1.624 per pound.
