RTTN: Dollar Mixed Ahead Of U.S. Industrial Production Report
(RTTNews) - The Federal Reserve's industrial production report is due out at 9:15 am ET. Economists estimate a 0.3 percent increase in the industrial production performance for June, while manufacturing output growth is estimated to have increased by 0.2 percent. At the same time, capacity utilization may have edged up by 0.2 percentage points to 79.2 percent.
The dollar showed mixed performance against its major opponents ahead of the report. While the greenback edged higher against the pound and the yen, it held steady versus the euro and the Swiss franc. As of 9:10 am ET, the dollar was trading at 1.5620 against the pound, 79.15 against the yen, 1.2280 against the euro and 0.9780 against the Swiss franc.