United States Industrial Production (MoM) above forecasts (0.2%) in June: Actual (0.3%)

United States Industrial Production (MoM) above forecasts (0.2%) in June: Actual (0.3%)
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Post Yelen reaction: AUD/USD below PP of 0.7440

Janet Yellen fed USD bulls as she said the Fed is on track to raise rates "before year end". As reaction, the US dollar is advancing across the board. The AUD/USD was sold aggressively at 0.7475 and now it's trading below PP of 0.7440.
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