Forex Pros – The U.S. dollar was up against most of the other major currencies on Monday, following the release of a raft of mixed U.S. data on industrial production and long term treasury purchases. During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.10% to hit 1.3964. The greenback was also up against the pound, with GBP/USD falling 0.54% to hit 1.5904. Earlier in the day, former BOE policymaker David Blanchflower warned that the U.K. economy was in "desperate danger" of slipping back into recession. Elsewhere, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD up 0.36% to hit 1.0141, AUD/USD sliding 0.07% to hit 0.9909 and NZD/USD shedding 0.08% to hit 0.7542. Earlier in the day, official data showed that New Zealand’s rate of consumer price inflation rose more-than-expected in the last quarter, while sales of new motor vehicles in Australia rose in September. But the greenback was down against the yen and the Swiss franc, with USD/JPY shedding 0.35% to hit 81.17 and USD/CHF dropping 0.40% to hit 0.9549. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.09%. Earlier Monday, official data showed industrial production in the U.S. fell unexpectedly in September, the first drop after six months of gains while the capacity utilization rate remained unchanged during the month. Meanwhile, a separate report showed that U.S. Treasury International Capital purchases rose unexpectedly in August. ForexPros.com - Forex Pros offers a diverse set of professional tools for trading in Forex, Futures and CFDs. These include real-time data streams, technical and fundamental analysis by in-house experts, and a widely used economic calendar.

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