Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
It has been a snoozefest of a session so far
Major currencies are keeping in narrow ranges and are still within 10 pips of one another on the day, as the mood couldn't be more dull in European morning trade.
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