United States Industrial Production (MoM) falls 0.6% in October

Eren Sengezer FXStreet

Industrial Production (MoM) in the United States dipped 0.6% in October, missing the 0.3% drop expected by markets. In September, United States Industrial Production (MoM) had advanced by a revised 0.1% compared with the 0.3% rise previously estimated.

In the same period, Capacity Utilization narrowed to 78.9% from 79.5%.

What is the United States Industrial Production (MoM)?

The Industrial Production released by the Board of Governors of the Federal Reserve shows the volume of production of US industries such as factories and manufacturing. Up trend is regarded as inflationary which may anticipate interest rates to rise. If High industrial production growth comes out, this may generate a positive sentiment (or bullish) for the USD.

When is the next United States Industrial Production (MoM) report released?

The next United States Industrial Production (MoM) data will be published on December 15 at 14:15 GMT. For more information, check the United States Industrial Production (MoM) entry in FXStreet Calendar.

US Dollar price today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen.

	USD	EUR	GBP	CAD	AUD	JPY	NZD	CHF
USD		-0.12%	-0.01%	0.42%	0.37%	-0.24%	0.50%	0.06%
EUR	0.12%		0.10%	0.54%	0.48%	-0.13%	0.61%	0.16%
GBP	0.01%	-0.10%		0.44%	0.38%	-0.27%	0.53%	0.06%
CAD	-0.42%	-0.51%	-0.44%		-0.08%	-0.68%	0.09%	-0.37%
AUD	-0.36%	-0.50%	-0.38%	0.06%		-0.63%	0.14%	-0.33%
JPY	0.25%	0.13%	0.23%	0.68%	0.61%		0.74%	0.30%
NZD	-0.51%	-0.62%	-0.52%	-0.07%	-0.15%	-0.76%		-0.46%
CHF	-0.08%	-0.16%	-0.05%	0.39%	0.32%	-0.29%	0.47%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

An automation tool was used in creating this post.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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