The Federal Reserve is due to release its industrial production report for June at 9:15 am ET. The consensus estimate calls for a 0.2 percent month-over-month increase in industrial output for the month.
The US dollar moved in sideways pattern against its major rivals ahead of the report. As of 9:10 am ET, the greenback was trading at 99.50 against the yen, 0.9435 against the Swiss franc, 1.5080 against the pound and 1.3115 against the euro.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.