Industrial Production

The Industrial Production Index (IPI) is a key economic indicator that monitors the manufacturing industry's output across different sectors of the economy relative to the base year. While it is published on a monthly basis by the Federal Reserve Board, changes in one month have no direct impact on currency trading. It requires at least three months to make a difference in its average value. Depending on the impact of the news announcement, it is recommended to take a suitable position judging by the price action.

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