The U.S. dollar mixed against the most major currencies after the weaker-than-expected U.S. industrial production and NY Fed Empire State manufacturing index. The U.S. industrial production declined 0.1% in October, missing expectations for a 0.2% rise, after a 0.8% gain in September. September's figure was revised down from a 1.0% increase.
The Fed said that the decrease was driven by a fall in output of consumer goods and materials.
Capacity utilisation rate fell to 78.9% in October from 79.2% in September. September's figure was revised down from 79.3%. Analysts had expected a capacity utilisation rate of 79.3%.
The NY Fed Empire State manufacturing index increased to 10.16 in October from 6.2 in September. Analysts had expected the index to rise to 12.1.
The euro fell against the U.S. dollar due to comments by the European Central Bank President Mario Draghi. The European Central Bank (ECB) President Mario Draghi was testifying to the European Union's Parliament on Monday. He pointed out that the ECB could purchase government bonds.
Draghi noted that governments need to implement structural reforms.
Bundesbank said in its monthly report that Germany's economic growth was likely to remain weak in the next few months.
Eurozone's trade surplus widened to €17.7 billion in September from €15.4 billion in August, exceeding expectations for a rise to €16.2 billion. August's figure was revised down from a surplus of €15.8 billion.
The British pound traded slightly higher against the U.S. dollar. The Rightmove house price index for the U.K. declined 1.7% in November, after a 2.6% gain in October.
The Canadian dollar traded slightly lower against the U.S. dollar after the weaker-than-expected foreign securities purchases from Canada. Foreign securities purchases in Canada rose by C$4.37 billion in September, missing expectations for a gain of C$11.32 billion, after a C$10.29 increase in August. August's figure was revised up from a C$10.28 billion rise.
The New Zealand dollar traded higher against the U.S. dollar. In the overnight trading session, the kiwi increased against the greenback after the solid retail sales from New Zealand, but lost all its gains in the morning trading session. Retail sales in New Zealand rose 1.50% in the third quarter, after a 1.1% gain in the second quarter. The second quarter' figure was revised down from a 1.2% increase.
Retail sales excluding automobiles climbed 1.4% in the third quarter, after a 1.2% gain in the second quarter.
The Australian dollar traded lower against the U.S. dollar. In the overnight trading session, the Aussie traded higher against the greenback despite weak new motor vehicle sales. New motor vehicle sales in Australia fell 1.6% in October, after a 2.9% rise in September.
The Japanese yen traded lower against the U.S. dollar. Japan's gross domestic product dropped by an annual rate of 1.6% in the third quarter, after a 7.3% fall in the previous quarter. Analysts had expected a 2.1% gain.
Investors speculate that Japan's Prime Minister Shinzo Abe will announce this week a delay in the sales-tax increase.
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