The Fed published today the Beige Book of current business conditions around USA, here are the key points:
The Dollar index didn’t react on the news at trades 0.19 percent lower at 97.19 close to daily low at 97.16. The EURUSD is trading at 1.1228 trying to break above the 50 hour moving average and regain the positive momentum. I am neutral on the pair and I am looking for a break above 1.1243 to enter a long position.Don’t miss a beat! Follow us on Twitter.