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FX.co ★ Dollar shows weakness against majors ahead of December Industrial Production report

Dollar shows weakness against majors ahead of December Industrial Production report

(RTTNews) - The US Federal Reserve Board is set to release its industrial production report for December at 9:15 AM ET Friday. Economists estimate that industrial production to decline 0.8% in December, while capacity utilization is expected to come in at 74.7%.

The greenback was mostly weaker against its major counterparts ahead of the report. As of 9:10 am ET, the dollar was worth 1.3327 against the euro, 1.4952 against the pound, 90.43 versus the yen and 1.1123 against the franc.

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