RTTN:Dollar Moving Sideways Ahead Of U.S. Industrial Production Report
The Federal Reserve is due to release its industrial production report for June at 9:15 am ET. The consensus estimate calls for a 0.2 percent month-over-month increase in industrial output for the month.
The US dollar moved in sideways pattern against its major rivals ahead of the report. As of 9:10 am ET, the greenback was trading at 99.50 against the yen, 0.9435 against the Swiss franc, 1.5080 against the pound and 1.3115 against the euro.
