Dollar Falls Vs Most Majors Ahead Of U.S. Industrial Production Data
May 16 2017 - 05:11AM
RTTF2
The Federal Reserve's industrial production data for April will
be published at 9:15 am ET Tuesday. The production consensus is for
0.4 percent, slightly lower than 0.5 percent recorded a month
ago.
Ahead of the data, the greenback traded mixed against its major
counterparts. While the greenback dropped against the franc, yen
and the euro, it held steady against the pound.
The greenback was worth 1.1076 against the euro, 113.42 against
the yen, 0.9883 against the franc and 1.2898 against the pound as
of 9:10 am ET.
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