EMU: Industrial Production falls 1.1% in October

FXstreet.com (Córdoba) - The Eurozone industrial production fell 1.1% in October, the European Union's statistics agency said Thursday.

Industrial output came in below the 0.3% rise expected and below the -0.2% printed in September. It is the steepest fall since September 2012.

Industrial production rose 0.2% YoY versus a 1.1% gain expected.

Flash: GBP/USD to consolidate near term - OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank feels that GBP/USD has potential for further near term consolidative behaviour.
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