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US: Industrial Production beats expectations rising 1% in September

FXStreet (Łódź) - US Industrial Production grew 1% in September, compared with the 0.2% drop registered the previous month, according to data released by the Federal Reserve Board. Market consensus pointed to a 0.4% rise.

Capacity Utilization rose to 79.3% in September from 78.7% in August and above forecasts of climbing 79.0%.

United States Industrial Production (MoM) came in at 1%, above expectations (0.4%) in September

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GBP/USD clings to 1.6000

GBP/USD found support after hitting a daily low at the 1.5940 zone and is back trading nearly flat around 1.6000.
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