US: Industrial Production up 0.4% in August

FXstreet.com (Barcelona) - US Industrial Production remained rose by 0.4% in August, after remaining flat the previous month, according to data released by the Federal Reserve Board. This result is in line with consensus.

Capacity Utilization grew 77.8% in August, up from +77.6% in June, as forecasted.

Sep 16, 2013

Markets buoyed by Yellen, "Insert 'Summers Over' gag here"

While the markets seem to have responded in no uncertain terms to Summers exit from the running for the Fed job, just what difference would a Yellen chairmanship fundamentally make to monetary policy?

AUD/USD on slight pressure after solid USD industrial data

The AUD/USD is moving slightly downwards after the US industrial production released exactly in line with the estimations.