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Sep 15, 2014
US: Industrial Production slides 0.1% in August
US Industrial Production dropped 0.1% in August, following a 0.2% increase registered the previous month, according to data released by the Federal Reserve Board. Market consensus pointed to a 0.3% rise.
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Sep 15, 2014
EUR/USD reacts to the upside and trades above 1.2940
After declining 65 pips overnight from 1.2970 to trade at daily lows of 1.2905, the EUR/USD was trading sideways at this levels in the last few hours; However, pair reacted to the upside following weaker than expected Industrial production and now it is pricing at 1.2940.
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