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Back Fundamental analysis
Although March disappoints, April offers faint hope
Meanwhile, the dollar continues to strengthen,
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Meanwhile, the dollar continues to strengthen, and today markets await April's industrial production data for the United States. Certainly, March's reading disappointed: industrial production fell well short of expectations, adding fresh reasons for concern against an already difficult macro backdrop. Industrial output declined 0.5% month on month, versus a market forecast of +0.1%. Capacity utilization dropped to 75.7% — a level that typically signals broad cooling in the sector rather than isolated problems in individual subsectors. Manufacturing and utilities accounted for the
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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