Forex: USD steady after Beige Book
FXstreet.com (San Francisco) - The Fed's Beige Book provided a glimpse into the economies of the Fed's districts, but there was no real U.S. dollar reaction to the release, as the focus is on Friday's Jackson Hole. EURUSD continues to hold steady above the 100-day EMA, last quoted at 1.2532 vs. 1.2570 late Tuesday. USDJPY has recovered nearly all of the previous day's losses, last at 78.72 from 78.57. Versus the antipodes, USD is gently bid against the kiwi dollar, but holds around 0.8025; the greenback is unchanged versus its aussie counterpart.