As you can see, the ISM and PMI indices for industry do not lie, indicating that we have a deteriorating situation all the time. Will services be next? The data, however, had no impact on the dollar, but they will certainly be taken into account by the Fed in the longer term.
U.S INDUSTRIAL PRODUCTION (MOM) (JUN) ACTUAL: -0.5% VS -0.2% PREVIOUS; EST 0.0%
U.S CAPACITY UTILIZATION RATE (JUN) ACTUAL: 78.9% VS 76.9% PREVIOUS; EST 79.5%
U.S MANUFACTURING PRODUCTION (MOM) (JUN) ACTUAL: -0.3% VS 0.1% PREVIOUS; EST 0.0%

Source: XTB
Economic calendar: NFP data and US oil inventory report 💡
Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
Economic calendar: Indices and EURUSD await US retail sales report