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Dollar Jumps To Intraday Peak Vs Euro

Forex News The dollar has touched an intraday high against the euro, reversing a kneejerk decline after the release of the latest Fed Beige Book, which basically indicated growth is slackening while price pressure is elevated. Such fluctuations aren't uncommon after the publication of economic reports, although the Biege Book isn't closely watched by forex traders. Nothing in the BB to upset investors, so the dollar resumed its advance. Recently, Wed afternoon, EUR/USD was at 1.5678 from 1.5778 late Tue. USD/JPY was at 107.94 from 107.33.




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