The Chicago Fed’s Midwest factory index fell to 96.4 in November from 98.0 in October. This is a 12-year low for that index, not bad since most comparisons these days are to the deep 1982 recession.
The dollar is recouping some lost ground versus the euro but remains offered versus the yen and CHF.
EUR/USD trades at 1.4225, USD/JPY at 90.20 and USD/CHF is at 1.0420.
