Euro up against US$ in European trading
The 12-nation euro was up against the US dollar on Friday, even as US industrial production rose during February.
The 0.7 per cent increase reported for overall industrial activity by the Federal Reserve came after a 0.3 per cent dip in January. But it was tempered by a report that production at US factories was flat last month after jumping by a strong 0.8 per cent in January. The showing in February was the weakest since a 0.5 per cent decline in factory output in September.
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