United States Industrial Production (MoM) came in at 0.1%, above forecasts (0%) in September | FXStreet

EUR/USD is extending its weekly gains, climbing to its highest level since late October and trading closer to the 1.1700 barrier on Wednesday. Traders are leaning into the idea that the Fed and the ECB could take different paths on monetary policy, which is keeping the sentiment in the risk complex well underpinned. In addition, the ADP report’s disappointing prints (-32K) further exacerbated the Greenback’s weakness.