U.S. Dollar Index Trading Higher, Industrial Production Slips

The March U.S. Dollar Index is trading at 101.56, up 0.32. The Federal Reserve report reported that industrial production fell 0.3 percent on the month in January versus a 0.6 percent rise in December. Year over year January industrial production was flat versus a 0.5 percent rise in December. Capacity utilization during January slipped to 75.3 percent from 75.6 percent in December. January manufacturing production rose 0.3 percent year over year versus a 0.2 percent rise in December.