Forex Flash: Industrial production and consumer confidence as focus in US – TD Securities

The quiet trading week is ending busy with the January edition of US industrial production and the first print of the University of Michigan consumer confidence series for February standing as the highlights: "For industrial production, we are above the market (+0.2%) in expecting that higher utilities output will contribute to a 0.4% advance", wrote analyst Alvin Pontoh, expecting modest improvement in consumer confidence, with the index increasing to 76.0 from 73.8 (market: 74.8).