FXstreet.com (Barcelona) - U.S. Industrial Production increased for the fourth consecutive month in October, 0.1% aove September's level, although at a slower pace than the 0.3% advance expected, and well below the 0.6% revised increase posted in September, which has arisen doubts about the strength of economic recovery.

USD/JPY has pulled further away from 89.40 high, as the Dollar dropped from 89.30 to 89.15 after Industrial Production data was released.

EUR/USD has gone down from 1.4885 to 1.4870 and then back to 1.4885 after the release of Industrial production figures, and GBP/USD rose from 1.6785 to 1.6805, although the pair eased shortly aftrerwards to levels right below 1.6800.

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